The data from the survey will now be processed and interpreted.

This major survey will provide a detailed framework to address 4,720,000 barrels (bbls) of 3P undeveloped oil reserves within existing fields and 4,370,000 bbls mean expected reserves in near field exploration prospects within the survey area.

The potential reserves to be addressed by the survey are in addition to other 1P and 2P reserves within the Block.

Working interests in the Tintaburra Block are Santos Limited 89%, Drillsearch Energy Limited 10% and CPC Energy 1%.