Notes:
1. Subject to a Net Cash Interest payable to the previous owners of a subsidiary of the Company (AWE Taranaki Limited, previously New Zealand Overseas Petroleum Limited), if returns from the Tui Area oil project in PMP 38158 exceed certain benchmark levels.
2. The Company is also entitled to a Net Profits Royalty at rates varying from 7.5% to 8.3% from the Tintaburra field in ATP299P. This royalty will be received when gross revenues from the permit exceed the sum of total expenditures from the permit.
Notes:
1.White Ibis and Trefoil fields not classified with proved or probable reserves pending future appraisal/commercialisation. Oil reserves in Yolla only include recovery from initial gas development well Yolla-03.
2.VIC/P44 Reserves adjusted following added production data. Henry Field adjusted downward. Netherby and Casino adjusted upward from June 2010 figures.
3.Includes the following fields Hovea, Jingemia, Dongara, Corybas, Beharra Springs and Redback Terrace.
4.Tui, Amokura and Pateke fields reserve srevised down as a result of Static and Dynamic Modelling.
Notes:
1.Includes Upper and mid EVCM in Yolla field and Trefoil,White Ibis and Rockhopper discoveries.
2.Comprises the Nether by additional potential and the Martha and Black Watch discoveries.
3.Comprises the Cliff Head West Highand in-field volumes.
4.Comprises tight gas resources for Elegans(Corybas), Senecio and Snottygobble,and contingent oil resources from Drakea and Centella. Excludes onshore Perth Basin shale potential.
5.Comprises in fill opportunities in existing fields.
