NW Aust activity, page-11

Have spoken to Rae. The renewal is just a formality, they are still working on Retention and realise the opportunity to add a very very valuable asset into the group if it gets approved. Will have to get a Fin Review, article about Scarborough / Exxon / WPL. The backfill pressures are definately building. It may end up being a very good deal for OXX. Lots of positives re Ophir as well, great few months in front for OXX I suspect.