highlights from last presentation , page-19

I made a little bit different and more conservative calculation here;

GIP (Gas in-place) @ Goldwyer Formation 40.6 Bcf/km2 (106 Bcf/mi2)
This value is from EIA's document. See EIA's table below.

Sample for GIP @ Eagle Ford shale: 80.4 Bcf/km2 (209 Bcf/mi2) Conoco is a Eagle Ford shale producer)
(1mi² ~2.6km²)

From EIA Report (Page 358 or XIV-25): "Risked completable gas in-place of 764 Tcf, and risked technically recoverable resources of about 229 Tcf (see the table below from same report. Page: 335 or XIV-2)

A recovery factor of 30% is applied applied in Canning Basin.

Goldwyer shale area of NSE: 45,000 km2 (11m+ acres)

Goldwyer project well drilling area calculation"

- Distance between the 3 wells: 235 km Band
- Estimated width of prospective area band: 20 km

The whole prospective area: 235 x 20 = 4700 km2

NSE GIP: 188 TCF (4700 km2 x 40 Bcf/km2 = 188.000 Bcf)

NSE Recoverable gas: 56 TCF (188 TCF x 30%)