PGS's stock price valued at 8.4c in relation to AQO block, page-11

Here is the geothermal map of Cooper basin (Predicted temperature at five kilometres depth). It shows that the temperature goes up to 270C degree under the PEL218 tenement of Beach-Chevron JV in the Nappamerri Trough. That's the problem.

Drillsearch_Bg Group JV's tenements in the QLD area has less temperature but it is still a big problem as that area is even deeper than the area of PEL218.

You can see PEL570 of AQO-NSE and PEL514 of Senex-Origin-Planet Gas in the Patchawarra trough that there is much reasonable temperatures (which is essential for hydrocarbon generation). That might be the problem of Chevron (and Beach as well) that it's trying to grab AQO's acreage through Magnum Hunter and NSE as well.



This is the original map I have used to make the above map. (its link is given above)