Ann: 2018 Annual Reserves Statement, page-49

The thing that excites me is we hit 37c 12-18 months ago and that was before we got gifted our prize asset Atlas.

A lot of others good things have happened since then and nothing bad has really happened other than that Origin (free carried) exploration well that ran into trouble and was abandoned and a couple of oil exploration wells that were dry, but that is part and parcel of a O&G mid cap.

God knows where this could run when/if it really starts running.

Imagine the following scenario in 12-24 months:
POO spikes to US$100,
The Beach J/V oil exploration and development wells have had a good success rate and are pumping oil,
The Gemba well has been successfully fracc'd and revelead a large gas project that is at FID,
Atlas just pumped its first gas into the east coast market which is is off to XYZ company at $X/Gj,
WSG wells are being drilled left, right and centre and production is ramping past the 20Tj/day GLNG agreement with the balance sold on the gas spot market,
Don Juan exploration wells are successful and Don Juan is confirmed as stage 6 & 7 of WSG, which is uncontracted gas,
Senex farms out the Deeps acreage again (lol) for another free carry of a few wells,
Senex gets another grant from the SA government for another gas exploration well,
Senex gets gifted more acreage from the Qld Gov for Domestic supply,
Santos lobs a takeover bid after getting cashed up in the POO, EIG/Harbour lob a counter bid.

A dream scenario above obviously but all of the above are entirely within the realms of possibilities.

It appears we hit a four year high today also. Chart looks beautiful if you look at it from say 3 years, nice and steady growth.