Hi Oranje
Thanks for your overview. I'm trying to get my head around the gas resource figures. From the 2D seismic that was ran, the best high case if all prospects are drilled and come out at the top end of expectations is 2,109BCF. So doesn't this represent the upper limit of what is likely to be recovered?
And if 155Bcf is 6 years at 0.5Mtpa, doesn't that mean absolute best case would be 20 years at 2Mtpa - and the most likely outcome being significantly below this.
I know the 5Mtpa has appeared in the last few annual reports, but don't we now know enough to know this is very unlikely. Are there additional prospects not yet included in all this?
What am I missing?
Cheers
Worzel
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