AWE 0.00% 94.0¢ awe limited

Ann: Highest Waitsia flow rate to date - 90 MMscf/d at Waitsia-4, page-8

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  1. 1,190 Posts.
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    Hiya PSI

    That just looks better and better.

    I can think of a number of people who held this acreage in the past and they would be kicking themselves right now.

    We looked at it in depth, but didn't see the deep upside, nor the retained porosity and permeability. I would love to get my hands on a couple of these blocks now, as I think there is more of this play to be had.

    Not so sure about further reserves upside in the short term as I understand the immediate focus is on gas sales and FID, which wont require another gap up on 2P. Pretty sure that i will be >1T in any event. Just wow.

    Cheers, AL
 
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