re: Ann: Operations Update, Ungani EPT and Fo...
Mod,
as pointed out by Doodleburger already, the potential flow rates of +20 mmcfd are shown in the November Presentation.
It was the Corporate Update published on 19NOV2012 and shows on page 24:
•Gas shows and gas wetness ratios are similar to the Valhalla wet gas accumulation and may be indicative of another large basin centred gas accumulation in the Yulleroo area
•Section includes a thin sand package with conventional porosity and permeability with potential high flow rates (+20 mmcfd) and potential recoverable resources of ~100 BCF.
While I was not happy with yesterdays brief announcement, the explanations and plans shown today are encouraging. You wouldn't like Eric to spill out all the details and invite a low-ball offer at this stage, do you now?
So be happy and have good holiday. By the middle of next year you will be a lot richer, IMO.
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- Ann: Operations Update, Ungani EPT and Forward Pr
Ann: Operations Update, Ungani EPT and Forward Pr, page-14
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