MCG Plant
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Tenure Summary

The following table summarizes the tenement details associated with the 4 tenements
that has either been approved or are approved for grant.

Table 1 – Approved Tenure Summary

Project Tenure

Initial

Sub-Blocks

Tenure Status

Grant

Date

Grant

Term

Dingo EPC1258 4 Granted 22-Oct-08 5 yrs
Duaringa EPC1401 83 Granted 29-Apr-09 3 yrs
Nebo EPC1538 105 Granted 28-Apr-09 5 yrs
Marlborough EPC1560 293 Granted 3-Jul-09 5 yrs
Coppabella EPC1044 132 Agree to Purchase 1-Mar-10 5 yrs

In addition to the above 4 approved tenements, MCG Resources have a number of
applications still in process.
Table 2 –Tenure Summary Subject to Approval

Project Tenure

Initial

Sub-Blocks

Tenure Status

Grant

Date

Grant

Term

Environmental

Authority

Dysart EPCA1456 13 Competing Application      
Duaringa EPCA1529 20 Competing Application      
Nebo EPCA1994 8 Application