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              [html]<thead><tr><td>allowing the development to progress rapidly.</td><td>PROGRESS CONTINUES ELSEWHERE OFFSHORE</td></tr></thead><tbody><tr><td>Another important milestone was achieved in December with the completion of the ‘ Chrotmas and completion of the ‘ Chrotheromosomes will be Instabled on the Casino development, webs, These wells are scheduled to be drilled during the fin</td><td>Three other projects, two ou Australia, made significant progress during the year.</td></tr><tr><td>The 2ohn Brookes gas project has also progressed rapidly since it was sanctioned early in 2004 and is approximately 50 % complete. This project is scheduled to come into production in mid - 2005 to meet declining production from</td><td>Negotiations are proceeding secure a production barge for production to commence dur the last quarter of 2005, ahe of later gas production, subj to credit security and Indon Government approvals.</td></tr><tr><td>East Spar and to create additional marketing opportunities, some of which have since been realised ( see page 20 ).</td><td>The Maleo gas field developr also offshore East 3ava, rema on track for a first half 2006 production start - up. The projs on the cusp of formal, sanon the cusp of formal, sanon</td></tr><tr><td>The platform jacket, constructed at Batam Island in Indonesia, is expected to be installed off</td><td>with outstanding matters be execution of gas sales and g transportation agreements.</td></tr><tr><td>Dampler, Western Australia, during April. 2005. Development drilling is scheduled for the second quarter of 2005 and the onshore gas processing plant modifications at Varanus Island have commenced.</td><td>The second stage of the Bay Undan project in the Timor S the US $ 1.5 billion LNG proje also made good progress dur the year. The pipeline connective offshore field to the LNG plant being constructed at</td></tr><tr></tr></tbody>
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