Ann: Octanex Awarded 4th New Zealand Exploration , page-23

re: Ann: Octanex Awarded 4th New Zealand Expl... Access

Cue temporarily dropped back to 26.5 due the disappointment in the Dragon North drill and has nothing to do with Oxx post or pre divies. SP has immediately recovered and today its trading at 30c actively. Anyway the impact on Cue post-Oxx Divies i think is insignificant.

A bit disappointed on the delay Ann but it's not something new in this industry, rig delays, cyclones ...and etc are just part of this game. Hibernate 'til spring :)

Cam