The VIC/P70 exploration drilling operational area is located approximately 90 - 100 km from shore in Exploration Permit Area VIC/P70. Water depth within VIC/P70 ranges from 200 m to over 3 km, with the drill locations, Hairtail-1, Baldfish-1 and Sculpin-1, at ~359m, ~665m and ~2,300m respectively.Block VIC/P70, in the deepwater Gippsland basin, was acquired by Esso Deepwater, a wholly owned subsidiary of Exxon Mobil Corporation, in 2Q, 2017. VIC/P70 contains the Dory, Angel and Archer-Anemone fields, as well as the Fangtooth prospect, and incorporates the area previously the subject of blocks VIC/P45 and VIC/P59, previously explored by Apache Energy (Apache, 2008). Exploration drilling activities in the VIC/P70 Operational area are scheduled over an estimated 60 day period, commencing in Q3, 2018 (Baldfish-1 and Hairtail-1), and an estimated 60-65 days in late Q2 - early Q3, 2019 for Sculpin-1.