- Doubled acreage position to 110,000km2 (27.4 millions acres) net to Blue
- Re-aligned strategy to conserve cash while adding shareholder value
- Continued gas flow from Sapphire Block
- Maiden 2P reserves of 50PJ
- 6 years LTI free
- Increased 3P reserves by 150% to 187PJ
- Increased contingent resouce by 23% to 3,516PJ
- Strengthened relationships with Government and Landowners
- Reduced annual run rate by $2.7 million
- Zero environmental incidents
- Identified significant oil prospect in ATP854P
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- Re-assess tenure priorities based on prospectivity
- Work program in ATP813P to expand contingent resource
- Conduct Native Title negotiations on outstanding permits
- Zero lost time injuries
- Zero environmental incidents
- Investigate further farmout opportunities
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