Ann: PESA Deal Day Presentation, page-2

Need a good oil geo nto crunch this sucker.
Someone bt this for a reason and I want to know why.

" Significant breakthrough in the understanding of prospective reef trends along the Lennard Shelf.  Reef features on this trend high graded by the identification of the largest undrilled structure in the Canning Basin, Black Rocks (below) with 200 metre vertical relief.  Company making potential with permits in good standing with government.  Prospective Devonian reef trend occurs at the northern tip of Point Torment and extends into the King Sound Embayment (“KSE”).  High potential for thick Fammenian source rich sediments and direct charge.