going north, page-2

EPR are due to release drill plans for next otway well - timing Nov? See recent announcements. This is a commitment well and must be drilled as part of permit conditions. No details in market yet of prospect name and size as far as I am aware.

EPR have traded nicely on past wells and should reach at least 25 cents maybe higher in lead up to spud based on previous wells. Check trading history for last 18 months and check the highs - they were pre-spud highs.

acturtle