for sale 1 owner, page-10

Gas I think for Stokes with maybe an oil leg below or downdip. This was based on EMR's reported comments re pressure gradient at AGM. Hopefully on schedule for April. Should find out in quarterly, but I do have high hopes for Yulleroo. Indications suggest stimulated horizontals should produce more than 5MMcfd which would also produce around 300bbl/day of condensate. This was based on formation encountered in discovery well and it is thought that the reservoir improves updip. i.e. the odds of success on this one are good, but it may not be definitive upon completion.