Greater Sunrise Project Development Update

Project Progress ANP has engaged a third party to review the reduction of the Greater Sunrise Contingent Resources ---presented by Woodside and its JVs in late 2009. •ANP received three concepts for the Development of the Greater Sunrise Field in September 2010 •Timor LNG •Darwin LNG •Floating LNG •ANP presented its first preliminary findings on the three concepts at the 6th Sunrise Commission Meeting in Brisbane on 15th December 2010

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