Work commitments for ATP 377P have been fully met ahead of the required relinquishment in September 2011. Comet Ridge considers the permit to have good CSG prospectivity in an area with gas transmission infrastructure in place and is keen to support an accelerated work program. No wells have been drilled yet in 2010 however the joint venture is meeting in third quarter to review technical work completed this year and potential drilling targets for the remainder of 2010 and first half of 2011.

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