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1. 2007 Half Year Results. 21 August 2007. O I L S E A R C H L I M I T E D. 3. 2007 Half Year Results Overview. 4. Overview. NPAT for first half of 2007 was US$46.9 million. Operating performance remained sound, but result impacted by higher

128. Corporate Summary. &Strategic Review. 129. Snapshot of 2007 First Half Results. 0. 50. 100. 150. 200. 250. 300. 350. 1H 04 1H 05 1H06 1H07. US$m. Revenue. EBITDAX. Net Profit. 170.9. 233.4. 323.3 305.4. 130.5 167.4. 276.8. 249.8. 41.7. 63.9. 115

99. PNG Oil Operations. AGENDA: PNG Production:. 2007 update 2008 focus areas Life of field. Operating Environment: Rig update and strategy Cost environment. Oil and Gas Interface Issues PNG Oil Exploration Corporate Summary. 100. PNG Production.

63. Oilstrip Mine MENA. 64. Oilstrip Mine MENA Licences. 65. Oilstrip Mine in the MENA Region. OSH commenced programme of measured diversification into the Middle East/North African region in 2000 Focus is on proven petroleum systems with:. Existing

8. Gas Commercialisation. October/November 2007. O I L S E A R C H L I M I T E D. 9. Outline. Gas Resources in PNG. LNG markets. ExxonMobil LNG Project. Gas Growth Initiatives. 10. Oilstrip Mine’s Gas Agenda. Progress ExxonMobil LNG development with

1. Strategic Review: The Way Forward. March 2008. O I L S E A R C H L I M I T E D. 2. Agenda. 9:00 Welcome Brian Horwood. 9:05 Strategy Overview Peter Botten. 9:30 PNG LNG Bob Marcellus. 9:50 Financing Nigel Hartley. 10:00 PNG Oil Field Optimisation

1. Macquarie Australian Conference. Emerging Energy. 8 May 2008. O I L S E A R C H L I M I T E D. 2. Setting a new course. Strategic Review recently completed Highlighted value potential and actions required to transform Company value. Review has

1. Oilstrip Mine Asian. Roadshow. May 2008. O I L S E A R C H L I M I T E D. 2. Oilstrip Mine Location Map. 2. 3. Operating Environment. 4. Profile. Established in Papua New Guinea (PNG) in 1929. Operates all of PNG’s producing oil and gas fields.

1. Oilstrip Mine UK. Roadshow. June 2008. O I L S E A R C H L I M I T E D. 2. Oilstrip Mine Location Map. 2. 3. Operating Environment. 4. Profile. Established in Papua New Guinea (PNG) in 1929. Operates all of PNG’s producing oil and gas fields. Current

1. Oilstrip Mine Roadshow. September 2008. O I L S E A R C H L I M I T E D. 2. Summary. Oilstrip Mine has delivered sustained top quartile growth over past five years (53% annualised return) Delivery of PNG LNG Project over next four years, together with