Ian,This comment about reserves is contained in the report:"The...

Ian,

This comment about reserves is contained in the report:

"The Worrior and Acrasia reserves and the Company’s methodology for reserves determination were reviewed as at 31 December 2003, to support the loan facility with the Commonwealth Bank of Australia. The reserves of Worrior and Acrasia at 30 June account for 88% of the Company’s year end reserves."

There is also a statement about the gas:

"Whilst gas discoveries were made in both Kiwi and Worrior, no reserves have been attributed to these zones pending further technical evaluation. Once the technical evaluation is complete the recoverable gas attributable to these fields will be classified as contingent resources pending the identification of a clear path to market."

So clearly more reserves to be added.

Cheers

Badfish