The Suffering Long Term Holders, page-24

Article page 21, 'The Australian' Wednesday 01 February 2017;

"There is no sign of loosening in the domestic gas market. There's a lot of strength on the demand side. We see the stress in the market from a demand-supply perspective. The tightness will be on an ongoing basis. The resolution will be more drilling, more discoveries. That's challenging with so many moratoriums in Australia."

Matt Kay
Beach Energy CEO

'Five years ago, spot gas prices were $3 - $4 a gigajoule. In the week ending January 22 2017, Wallumbilla gas spot prices came in at over $14 a gigajoule, with a weekly average of $12 a gigajoule.'

Quote Australian Energy Market Operator