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PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE
The materials on this web site are provided by Continental Energy Corporation as a service to its stockholders and other interested parties and may be used for informational purposes only. By downloading any materials from this site, you agree to these terms. If you do not agree to them, do not use the site or download any materials from it.

Copyright Notice
Copyright © 2007 Continental Energy Corporation 14001 Dallas Parkway, Suite 1200
Dallas, Texas, 75240, USA. All rights reserved.

Continental Energy Corporation ("Continental") hereby authorizes you to view, copy, print, and distribute the documents, related graphics and materials published by Continental on this site subject to the following conditions: 1) use is for noncommercial or personal purposes only and 2) use is for informational purposes only.

In consideration of this authorization, you agree that the above copyright notice and this permission notice shall appear in all copies of this document, related graphics and materials, or any portions thereof. Modification of the documents, related graphics and materials or use of the documents, related graphics and materials for any other purpose is a violation of Continental's copyright and other proprietary rights. The use of any documents, related graphics and materials from this site on any other web site or any networked computer environment is prohibited.

Any product, process or technology described in this site may be the subject of other Intellectual Property rights reserved by Continental and may not be licensed hereunder. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent or trademark of Continental or any third party. Except as expressly provided above, nothing contained herein shall be construed as conferring any license or right under any Continental copyright. Any rights not expressly granted herein are reserved.

Trademarks
Continental and the Continental logo, and other names of Continental and/or its subsidiaries referenced herein are trademarks or registered trademarks of Continental Energy Corporation. All other products and company names mentioned herein are trademarks of their respective owners.

Disclaimer
THE MATERIALS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL CONTINENTAL OR ITS SUPPLIERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF CONTINENTAL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. BECAUSE SOME JURISDICTIONS PROHIBIT THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

Continental and its suppliers further do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Continental may make changes to these materials, or to the products described therein, at any time without notice. Continental makes no commitment to update the materials.

User Submissions
Any material, information or other communication you transmit or post to this site will be considered non-confidential and non-proprietary. Continental will have no obligations with respect to the communications. Continental and its designees will be free to copy, disclose, distribute, incorporate and otherwise use the communications and all data, images, sounds, text, and other things embodied therein for any and all commercial or non-commercial purposes. You are prohibited from posting or transmitting to or from this site any unlawful, threatening, libelous, defamatory, obscene, pornographic, or other material that would violate any law.

Links to Other Sites and Materials
Third-party sites linked to this site are not under the control of Continental and Continental is not responsible for the content of any linked site or any link contained in a linked site. Continental reserves the right to terminate any link or linking program at any time. Continental does not endorse companies or products to which it links and reserves the right to note as such on its web pages. If you decide to access any of the third-party sites linked to this site, you do this at your own risk.

General
Continental may revise these terms at any time by updating this posting. You should visit this page from time to time to review the current terms because they are binding on you. Certain provisions of these terms may be superseded by expressly designated legal notices or terms located on particular pages at this site.

Forward-Looking Statements
Excluding the material presented by other link sites, which Continental has no control over, this site includes "Forward-Looking statements" within the meaning of the "safe harbor" and other provisions of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this site, including, without limitation, statements contained in this site regarding Continental's financial position, political risks, oil and gas resource and reserves estimates, oil and gas prices, production projections, economic evaluations, development plans, cost estimates, business strategy, plans and objectives of Continental's management for future operations, and industry, political and economic conditions, are Forward-Looking statements. Although Continental believes that the expectations reflected in such Forward-Looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. All written and oral Forward-Looking statements attributable to Continental or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements disclosed in this and the following two paragraphs and otherwise on this site.

Industry Specific Risks and Forward-Looking Statements
Any Forward-Looking statements herein are subject to certain risks and uncertainties inherent in petroleum exploration, development and production, including, but not limited to the risk that no commercially productive oil and gas reservoirs will be encountered; the risk that acquisitions of additional producing properties may not be feasible, or that such acquisitions may not be profitable; inconclusive results from seismic projects; delays or cancellation of drilling operations as a result of a variety of factors; volatility of oil and gas prices due to economic and other conditions; intense competition in the oil and gas industry; operational risks (e.g., fires, explosions, blowouts, cratering and loss of production); insurance coverage limitations and requirements; and potential liability imposed by governmental regulation of oil and gas production; all of which are beyond the control of Continental. Any one or more of these factors could cause actual results to differ materially from those expressed in any Forward-Looking statement.

Political and International Risks and Forward-Looking Statements
Any Forward-Looking statements herein are subject to certain risks and uncertainties inherent in the fact that Continental conducts almost all of its petroleum exploration, development and production activities overseas and in particular in Indonesia, including, but not limited to the political risks of Islamic fundamentalism, terrorism, indigenous peoples issues, local traditions, foreign currency exchange, local market fluctuations, local economic conditions and other political risks including local, regional and national government regulation of oil and gas industry activities and concession terms; all of which are beyond the control of Continental. Any one or more of these factors could cause actual results to differ materially from those expressed in any Forward-Looking statement.

Applicable Laws
Continental controls this site from its offices within Canada. Continental makes no representation that materials in this site are appropriate or available for use in other locations, and access to them from territories where their content is illegal is prohibited. Those who choose to access this site from other locations do so on their own initiative and are responsible for compliance with applicable local laws. You may not use or export the materials in violation of Canadian export laws and regulations. Any claim relating to the materials shall be governed by the internal substantive laws of the province of British Columbia, Canada.

Cautionary Note to U.S. Investors
The United States Securities and Exchange Commission ("SEC") permits oil and gas companies in their filings with the SEC to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use certain terms on this web site, such as "per well reserve estimates," "gross estimated recoverable reserves" and "forecasted SEC PV10% reserves" that the SEC guidelines strictly prohibit us from including in filings with the SEC.

U.S. investors are urged to consider closely the disclosure in our Form 20-F for our most recently completed fiscal year ended July 31, available by downloading it directly from the SEC's EDGAR database.
www.sec.gov/edgar.shtml

Cautionary Note to Canadian Investors
Continental is a reporting issuer in British Columbia, Canada, and complies with British Columbia Securities Commission ("BCSC") continuous disclosure requirements set forth in National Policy Instrument NI/51-102 and with Standards of Disclosure for Oil and Gas Activities set forth in National Policy Instrument NI/51-101. Continental's quarterly financial statements filings under BCSC form 51/901F are available by download from the BCSC's SEDAR database
www.sedar.com

Cautionary Note to All Investors about "Reserves" and "Resources" Classifications
There is often much confusion and uncertainty about the terms "Reserves" and "Resources" even among technical professionals within the oil and gas industry. There are many commonly used subcategories of "Reserves" and "Resources" the definitions of which may vary widely from individuals within a single company, company to company, state to state and country to country. To add to this confusion different sub-classifications of "Reserves" and "Resources" are often unrisked or risked according to varying factors. Securities regulators and financial institutions often recognize or apply an even different set of definitions. Recently the Society of Petroleum Engineers ("SPE"), World Petroleum Counsel ("WPC") and American Association of Petroleum Geologists ("AAPG") have formed a steering committee to attempt to harmonize "Reserves" and "Resources" definitions, classifications and sub-categories. Even after the SPE/WPC/AAPG committee adopts or recommends a harmonized system for defining and classifiying Reserves and Resources it may be some time before universal acceptance results in widespread implementation. Therefore Continental urges all investors considering oil and gas investments to treat Reserves and Resources with the foregoing in mind and search out the definitions and qualifications that any specific oil and gas company under consideration may use it preparing its Reserves and Resources estimations.



   
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