Woollybutt to get tie-ins

Participants in the WA-25- L Joint Venture say the tie in of Woollybutt-4H and Woollybutt-6 is scheduled for early 2008.

Offshore staff

PERTH, Western Australia -- Participants in the WA-25- L Joint Venture say the tie in of Woollybutt-4H and Woollybutt-6 is scheduled for early 2008. The addition of these two wells will increase production from the Woollybutt field in Permit WA-25-L off Western Australia to 14,000 b/d of oil.

Eni Australia Ltd. operators the field with 65% interest. Tap Oil's Tap West Pty. Ltd. holds 15% interest, and Mobil Australia Resource Co. Pty. Ltd. holds the remaining 20%.

7/12/2007

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