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Near Term Value Drivers
Activity in frontier basins
Gas shortage on East coast and North coast – domestic and LNG
Uncontracted Gas Reserves on East Coast
Focussed Strategy - Gas and Oil
Strategic acreage position in hydrocarbon producing basins
Exposure to frontier liquids basins
Operatorship allows control
Continuous cost efficiency drive
The following brokers have issued covered on BUL:
Wilson HTM - James Redfern +61 2 8247 6609
Ord Minnett - John Young +61 3 9608 4184
Top 5 shareholders:
CITICORP NOMINEES PTY LIMITED
BRISPOT NOMINEES PTY LTD
GEOTECH RESOURCES PTY LTD
HORRIE PTY LTD
Ordinary Shares 1,140,993,237
Sign-on Options (Mr J Ellice Flint) 82,473,000
Incentive Options 8,200 000
Employee Incentive Rights 25,884 000
Debt Nil
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