Kate is posible monster oil accumulation near Christchurch City
55% of possible 200million barrels= 110million barrels GGX.
Approx 35% recovery gives 70mmbls
70x 0.55= 38.5 mmbls GGX share
38.5 million barrels x NPV oil(what would this be now$$$??)
well over half a billion dollars dollars to GGX = SP into outerspace
Spudding within a week
DYOR