"If the Arckaringa plays out the way we hope it will, and the way our independent reports have shown, it's one of the key prospective territories in the world at the moment." Mr Bond said each well could flow at 1000-2000 barrels per day.
"You put in 50 of them and that's a lot of oil," he said. "We have a very good idea that this will be an oil-producing asset."
linc energy resource estimates, page-9
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