1 PJ - (petajoule) = one million (GJ) Gigajoules
1 TJ - (terajoules) = one thoushand gigajoules
1 GJ - (Gigajoule) = one billion joules
Gas is usually priced in gigajoules in Australia
1P = 90% chance reserves will be higher than estimate
2P = 50% chance reserves will be higher than estimate
3P = 10% chance reserves will be higher than estimate
1C, 2C and 3C same as above but resource category which has a lower level of certainty than reserves (you could say educated guestimates from initial investigations)
where is my pilot well again?, page-20
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