Avent Energy Limited

October 2008 News Archives

Prospective Recoverable Gas Resources Estimated up to 16.3 Tcf (P10) for PEP11 Offshore Sydney Basin

· Technical review of PEP11 Offshore Sydney Basin completed

· Six prospects identified with total estimated prospective recoverable gas resources of up to 16.3Tcf (P10)

· Advent currently looking to secure an appropriate drilling rig, including farm-in options