ROG 0.00% 0.8¢ red sky energy limited.

gas discovery booked 3p reserves of 114 pj , page-80

  1. 584 Posts.
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    CnG,

    "so its big as Gaspew said"??

    I don't remember saying that. Please don't put words into my mouth.

    Yes the pilot could substantially increase booked reserves. How "big" it is depends on the markets perception and how management plays it out (grimace, grunt and swear a tad).

    Like HS said, huge question mark over the proposed small scale power station and along way from being able to get their gas to market. Great area with enormous potential but isolation and little cash are not a good combination.

    Increasing reserves to become attractive to a bigger player will be the goal IMO.

    Gaspew ;)
 
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