If we compare Slide 7 of this new pack to Slide 17 of the Equity Raising Presentation (Ann. 10Aug2017) it would seem that the forecast 2P reserves (BTE) from Mereenie remain the same, even though now only one well is being drilled. If that's true then it's good news, and so it's useful to spend the saved $6m on the Mereenie plant compression upgrade.
Not sure why Ooraminna is not included in the upcoming drilling programme described in Slide 5, hope it's only an oversight and not another well drilling disappearing from this campaign (in particular if Palm Valley drilling consumes more costs in finding it's "optimal length").
If we compare Slide 7 of this new pack to Slide 17 of the Equity...
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