PREMIUM FEATURES

Shareholder movements for the week ending June 6

OPES prime fallout ANZ out of WorleyParsons; Kugler into Burleson; Wissel, Caltex; JPMorgan Chase into Carnarvon; Anderson into ESG; Power into Elk; Shervington into Emerald; Albers into Gas2Grid; Ward Ferry out of Nido; Westpac into OSH; Rigi into Planet Gas; Dickinson, Pryme; Matthews into Santos; Prentice into Sunset.

WORLEY PARSONS: ANZ Bank ceased to be a substantial shareholder on May 21

Other shareholder movements:

BURLESON ENERGY: Andrew Kugler Jr acquired 80,000 Ordinary Shares at $0.135 per share in on market purchase on May 28, taking his total holding, held directly, to 3.74 million ordinary shares, 1.62 million unlisted options, 540,000 listed options and 10 C-class shares.

CALTEX AUSTRALIA: Peter Wissel, who resigned as a director on May 31, but was appointed as an alternate director from June 1, holds a direct interest in 1000 ordinary fully paid shares

CARNARVON PETROLEUM: JPMorgan Chase & Co and its affiliates became a substantial shareholder on May 30, with a voting power of 5.05%.

EASTERN STAR GAS: John Anderson acquired 40,000 ordinary fully paid shares for $31,400 in on market trade on May 30, taking his total holding, held directly, to 40,000 ordinary fully paid shares.

ELK PETROLEUM: Dr Peter Power acquired 100,000 ordinary shares for $56,065 in on market trade on May 28, taking his total holding, held directly and indirectly, to 60,000 ordinary shares, 500,000 options exercisable at 60 cents by November 21, 2011, 370,000 ordinary shares and 796,141 ordinary shares

EMERALD OIL & GAS: Jeremy Shervington acquired 1,337,982 ordinary shares on May 30, via the exercise of 1,337,982c May 31, 2008 options at $267,596.5, taking his total holding, held indirectly, to 3,150,977 ordinary shares, 100,000 ordinary shares, 367,577 director options exercisable at 17.68c by January 23, 2011, 600,000 management options exercisable at 25c by December 31, 2008 and 600,000 management options exercisable at 30c by December 31, 2009.

GAS2GRID: The Albers Groups, comprising Ernest Geoffrey Albers, Sacrosanct Pty Ltd, Gascorp Australia Pty Ltd, became a substantial shareholder on May 30, with a voting power of 5.6%.

NIDO PETROLEUM: Ward Ferry Management (BVI) Ltd (as investment manager) decreased its substantial shareholding to 6.89% on May 31.

OIL SEARCH: Westpac Banking Corporation became a substantial shareholder on May 27, with a voting power of 5.04%.

PLANET GAS: Rigi Investments Pty Ltd became a substantial shareholder on May 15, with a voting power of 5,19%.

PRYME OIL AND GAS: John Dickinson, who resigned as a director on June 1, retains a direct interest in 1.7 million ordinary shares; 566,667 options exercisable at $0.40 and expiring on June 3, 2008 and 759,000* options exercisable at $0.20 expiring 30 June 2009 (*\ out of 3.45 million options granted under the directors' incentive option plan (as approved by shareholders at the general meeting held on July 20, 2006); 759,000 options have vested and are exercisable. On cessation as a director, the balance of 2,691,000 options has lapsed.

SANTOS: Matthews Capital Partners (Sabre Fund, Velocity Fund, Tomahawk Fund, Focus Asset Management) became a substantial shareholder on May 27, with a voting power of 5.12%.

SUNSET ENERGY: David Prentice acquired 1500 fully paid ordinary shares for $847.50 in on market trade on June 3, taking his total holding, held directly, to 1500 fully paid ordinary shares and 3.5 million options exercisable at $0.20 by September 30, 2010.

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