Projects

The Company holds a 33.33% interest in the WA 460-P (Carnarvon) Project. The project is located
approximately 70km west of the North West Cape and lies at the southern end of the Ningaloo
Arch, towards the western flank of the Exmouth Sub-basin and consists of a single graticular
block covering approximately 80km2.

 

The Company also holds a 12.29% interest in the WA 261-P license which was acquired by
Cottesloe Oil and Gas Pty Ltd in June 2012. It is located on the Enderby Terrace on the
southwestern margins of the Dampier Sub-basin and covers an area of 256km2.

 

Cott Oil and Gas also has an 11.10% interest in EP 325 which is located in the Exmouth Gulf. The
permit is divided into two separate portions and with both areas covering a total of 1,263km2.
Cott Oil and Gas, through its wholly owned subsidiary Wondecla Limited ("Wondecla") also holds
a 50% interest in the PPL 435 license area which covers 4,779km2 in the Foreland of the Western
Papuan Basin. The Company also holds a 50% interest in the APPL 436 license, through Wondecla,
which is also located in the Foreland of the Western Papuan Basin.