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Additional Stock Exchange Information

Glossary Of Terms

2005 ESOP Employee Share Option Plan effective from 17 January 2005 until 6 December 2007
2007 ESOP Employee Share Option Plan effective from 7 December 2007
bopd barrels of oil per day
Cool Cool Energy Limited
DOE Department of Energy
EnCore EnCore Oil plc
FPSO Floating Production Storage and Offtake vessel
GCA Gaffney, Cline and Associates
GPC Galoc Production Company WLL
km kilometre
LTI long term incentive
M millions
MDT modular dynamic testing
Merrill Lynch Merrill Lynch International (Australia) Limited
MMscfgd million standard cubic feet of gas per day
mmbbl million barrels
Nido Nido Petroleum Limited
Nido UK Nido Petroleum (UK) Limited
Philippines The Republic of the Philippines
Philodrill The Philodrill Corporation
PNOC PNOC Exploration Corporation
SC 6B Service Contract 6B dated 19 September 1973, as amended
SC 14 Service Contract 14 dated 17 December 1975, as amended
SC 54 Service Contract 54 dated 5 August 2005, as amended
SC 58 Service Contract 58 dated 12 January 2006, as amended
SC 63 Service Contract 63 dated 24 November 2006
sq. km. square kilometre
STI short term incentive
TD total depth
Yilgarn Yilgarn Petroleum Philippines Pty Limited