yulleroo 4, page-60

Agreed Stockrocker, and if it's a conventional reservoir then hopefully logging will give us a high degree of confidence regarding likely flow rates ahead of any flow tests.

If successful, ramifications of this conventional reservoir are enormous and extend beyond the simple size of the resource itself. Given it extends beyond the immediate Yulleroo structure, then it is likely this resource will on its own underpin a development- I beleive it was already mentioned as potentially 200bcf just within closure? Once that development happens, it makes investment hurdles for any nearby unconventional gas far lower, and hence improves commerciality across the nearby area. If one sweet spot has been found already, then in all likelihood others will be found, which then form infrastructure hubs for nearby unconventional resources again, and so on.

And what is particularly exciting is that serious development can occur without the need for fraccing, so the fraccing argument can play out in its own time without an adverse impact on Buru. And I have little doubt the fraccing argument will be won in the end.

Fair to good reservoir, high pressure, wet gas - fantastic news.