Merle
West Linapacan (22.28%)
Reserves 18.2mmbls
History 8.5mmbbls with terminal water ingress
Development $230m (3 holes with 6 laterals)
Re-entry still some risk there on the old H2O
Baragatan (20%)
Recoverable oil 115mmbls (not reserves)
History Albion Head-1 results
Development less than WL with only one hole
Immediate effect on 3.3c s.p. with Baragatan results (maybe dramatic either way). WL booked reserves had no real effect on s.p. (maybe regarded as too far away)
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