Ann: Melbana General Meeting Presentation, page-4

I attended this morning’s meeting and got the feeling the Tassie Shoal Methanol Project is very much back on the cards. The investors originally lined up based on a Heron discovery are still keen to have this project succeed. The stranded gas problem may be resolved “in the next 6 months” according to the CEO.

Farm negotiations on Cuba bock 9 are ongoing and getting close to being resolved 3Q18 from what we’re told. Long lead drilling items are bring procured. The farm out and Cuba occupies st least 80% of the team’s time.

Beehive remains an equally important play and will generate significant news in the next few weeks. All good there.

NZ is not worth discussing right now.