Rodinia Oil Corp. V.ROZ

ROZ drill commitments

[homeboy14]

critical details

I'm not sure exactly what will happen next, but it looks as if the drill commitments are OFF - not to say they won't drill, or continue, just saying the hold the land, they own the licence, maybe they'd want to sell it to PFC or Statoil ? - so the Upside is still within this parcel of land - who knows what can happen ?

see page 3 - for terms: and page 6 - for details, dated Nov just last year, prior to term end

17. 2
8 November 2013

Suspension of licence condition for the period from and including 25 June 2014 to 24 June 2015

and extension of term of licence by the corresponding period of suspension.

PEL is now due to expire on 24 June 2015.

18. 2

8 November 2013

Memorandum entering suspension of licence condition and

extension of licence term on the public register.

19. 5

December 2013

Gazettal of suspension and extension of licence

document link is HEREgov't signed document

[birdie22]

I was just going by and e-mail I got from Shane last June 2013 about 1 well to drill. See below. Hi Mike, I wanted to write back to you with regards to your inquiry on the status of Rodinia’s PEL 81. That particular license is currently suspended. Furthermore, we have actually already satisfied the June 2013 obligations of drilling one well and acquiring 250 km of 2D seismic. In South Australia