Sorry freddyflintoff but those back of the envelope calculations and comments are grossly irresponsible, and are frankly just rubbish/ramping.
Just look at the Linc Energy debacle a week or so ago when some hack Newscorp journalist decided to multiple an unrisked prospective resource estimate by the prevailing oil price, then chucked a feature story on the front page with a headline that claimed they had found $20 trillion dollars in oil.
jorc announcement, page-15
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