PATHFINDER PERMITS

Pathfinder Permits are on Australia’s Northwest Shelf 290 km WNW of Broome, on trend with the Phoenix, Phoenix South and Roc discoveries by Apache/Quadrant

Pathfinder has conducted extensive geological analysis to evaluate permits

We are in the process of applying for an EP to enable 3D seismic to be undertaken. Pathfinder has the financial backing to undertake the 3D seismic.

We plan to offer WA 479 P and WA 487 P for a farmout pre or post 3D seismic so we can mature Pina Colada for drilling.

We expect to drill Pina Colada in next 2 years  (no permit commitment to do so)