Oil production in PEL91 currently at 12k barrels per day. About...

Oil production in PEL91 currently at 12k barrels per day. About 4m per year. Enough 2p reserves for two years to sustain current levels. It all depends on how you view PEL91's EUR. How much oil is in PEL91? It is in a highly prospective area. Most of the infrastructure already built.
The wet gas business in my view is better in the hands of Santos,AGL or Origin Energy. They are a better fit. If Drillsearch wants to be big in gas business it needs to have scale. Which means a lot of capital spending. Current shareholders will be diluted for sure.