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Surat Basin - CSG Areas

All
areas close to infrastructure…
- 837 Oil, Gas & CSG targets.
- 3-D seismic in 837 Nov 2008. CSG drilling by TRUenergy in 2008.
- 873 CSG drilling by TRUenergy 2008,
on Lacerta trend.
- 893 & 901 awarded May 2008. Targeting Oil & deep Gas and CSG.
Soil gas survey in Oct 2008
- 552 contains Bellbird oil discovery and Grail South prospect.
ATP 837 CSG Project

- CSG potential has been farmed out to TRUenergy
for cost of 3-D seismic survey and 2 CSG exploration wells.
- Rawson and Energetica
retain 15% of CSG play and 50% of Oil and traditional gas plays each.
- Seismic acquisition to commence in November 2008, with wells as early as
2009.
- 3-D seismic will define oil targets similar to Moonie, Cabawin and
Bennett.
- Several wells expected in this oil fairway in 2009.
ATP 873 CSM Project

- ATP 873,with TRUenergy
(operator) and Energetica. Permit
to be awarded imminently.
- TRUenergy 70%,Rawson 15% and Energetica 15%.
- Close to recent Bow Energy Taringa South 1 and Orallo CSG discoveries.
- 2 CSG wells planned for first year of operations (2008) in mapped CSG
fairway.
- Traditional oil & gas targets in the Jurassic and Permian sands.
- Near to existing gas infrastructure
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