Ann: Ascalon Update, page-2

Its pretty amazing that OXX can have control of Ascalon when you consider the scale of the field. 260Km2 x max vertical closure of 380m means you have a shed load of gas (even if the reservoir is abit tight). The other point thats interesting is that its outside the area of contention re Aus v Timor so provides gas security to whichever LNG producer ties into it for gas security. Theres also a third tie in option as shown on the insert panel of the announcement, connection to the Blacktip pipeline that does domestic supply to the Alice and Darwin. Pipeline is abit further but its all shallow water.