text: The rules of the SESPP and SESOP 
  were both approved by 
  shareholders in 1997 and again in 
  2000. 
  
  Having regard to contemporary 
  best practice, the LTI program is 
  designed to drive superior 
  executive performance and to 
  reward only superior Company 
  performance, linked to an 
  appropriate performance 
  benchmark. The benchmark 
  assesses actual Company 
  performance in terms of long-term 
  comparative growth of the 
  Company and resulting 
  shareholder value. 
  
  The Board intends that LTI awards 
  be made on an annual basis using 
  a three year measurement period 
  for the applicable performance 
  hurdles. However, the Board 
  reserves the right to suspend or 
  modify the LTI program in light of 
  circumstances appropriate to the 
  Company from time to time. 
  
  Company performance is measured 
  over a three year period based on 
  the Company’s Total Shareholder 
  Return (TSR) relative to one or 
  more comparator groups as 
  determined by the Board at the 
  commencement of the 
  performance period including, 
  without limitation, any 
  combination of the ASX 100, 
  energy companies in ASX 100, the 
  ASX Energy Index and 
  international E&P companies. If 
  performance is below the 50th 