1
Energy Capital Investment Symposium,
June 3, 2009
Elk-4 flared 6 May 2008
Proposed LNG Plant, Port Moresby, PNG
Antelope-1 March 2, 2009 –
Flowed 385 MMcfd, 5,000 BCPD
Presented by Wayne Andrews - V.P. Capital Markets
2
Cautionary & Forward Looking
Statements
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This presentation includes “forward-looking statements” as defined in United States federal and Canadian securities laws. All
statements, other than statements of historical facts, included in this presentation that address activities, events or developments
that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. In particular, this
presentation contains forward-looking statements pertaining to business plans and strategies, proposed development of a liquified
natural gas processing facility, and exploration and development activities.These statements are based on certain assumptions
made by the Company based on its experience and perception of historical trends, current conditions, expected future
developments and other factors it believes are appropriate in the circumstances. No assurances can be given however, that these
events will occur. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the
control of the Company, which may cause our actual results to differ materially from those implied or expressed by the forward-
looking statements. Some of these factors include the inherent uncertainty of oil and gas exploration activities; the availability
and cost of drilling rigs, oilfield equipment, and other oilfield exploration services; the Company’s ability to finance the
development of its LNG facility; the Company’s ability to timely construct and commission the LNG facility; turmoil in the
financial and capital markets; political, legal and economic risks in Papua New Guinea; landowner claims; weather conditions
and unforeseen operating hazards; the impact of legislation regulating emissions of greenhouse gases; and