sf,warrior..
A reality check is in order...
In the Otway basin...Santos took the lions share of the peps and carried out siesmics..long time ago..
Every hole sunk on 2d siesmics has been shyte..
They handed back a hand full of peps that were marginally commercial yonks ago when gas was 1/10 of the price by today's standards....
There's gas in the peps that EPR now hold..
The next hole will be commercial imo..
Why ???
3d ...
It's not a long wait...for a 1 to 2 bagger....
This will merely be the thin edge of the off shore wedge..
where to know, page-2
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