Sun Resources N.L.

UNITED STATES OF AMERICA

Sun Resources is following and delivering a strategy of building up significant cash flow in the USA Onshore Gulf Coast and then applying these funds to develop and participate in larger scale, high impact projects, particularly in SE Asia .

The USA offers excellent investment opportunities to small companies because:

* a demand supply imbalance of a large market for energy exists

* Ready access to infrastructure, even for smaller discoveries

* Lower technical risk within prolific hydrocarbon bearing basins

* Low exploration & development costs by world standards for onshore projects

* High energy pricing in particular for gas.

Gas prices have a seasonable demand with a range of US$6 to 8 per mscf that reflects the use of gas for heating, & are some 3+ times the price received for gas within Australia. Gas price is a reflection of the current (and growing) 4 trillion cubic feet (“tcf”) pa gas imports over 19 tcf pa gas production (23 tcf pa gas consumption). Gas price is also being underpinned by the prospect of increased importation of liquefied natural gas (“LNG”) to satisfy demand.

North American Energy Consumption

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Sun Resources current exploration and production emphasis is on both oil and gas in conventional geological settings and within conventional reservoirs, principally located on the South Texas Gulf Coast (Flour Bluff Gas Project, Projects Margarita, Redback, Bondi-Coogee and Meek), Louisiana Gulf Coast (Lake Long Project) and California (Eagle Oil/Gas Development Project in the San Joaquin Basin). Recent drilling has been successful on Gulf Coast, South Texas and Louisiana USA projects and should generate significant cash flow and assist in funding the Company’s exploration activities.

Project Interest USA Planned 2008 Drilling

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Click Here to view Flour Bluff Project, South Texas

Click Here to view Margarita Project, South Texas

Click Here to view Bondi-Coogee Project, South Texas

Click Here to view Meek Project, South Texas

Click Here to view Redback Project, South Texas

Click Here to view Lake Long Project, Louisiana