middleton udacha reserves, page-6

Danr
As I understand it,
Prior to production testing, we had a resource defined as P10, P50, P90. I think the P50 number was ~8BCF ?

Post production testing, that resource is now elevated to Proven, Probable, and Possible recoverable reserves, or 1P, 2P, 3P.

Today we got the proven and probable (2P) reserve number which replaces the P50 estimate.
1Pj = 0.95BCF

I agree though, we could use some more clarification on the 3P (possible) reserves.

Dont hold your breath for BPT to talk up this prospect. lol
They also declined to mention the condensate, ~120brls per day from Middleton in the intial CHPT

If Keeleys a duster, it looks like were in for some more pain,.... hopefully short term.
Due for Otway news soon