ERH 0.00% 2.9¢ eromanga hydrocarbons limited

spudding 330b paca 2, page-4

  1. 2,798 Posts.
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    G'day snake

    It would be nice to get a bit more in the kitty with 330 since the reserve is 100% in our block. I was of the understanding that although they know its there they have to drill to prove it a bit like joyc for mining. So it all but a given.

    Also with 33m barrels proved up you would have to think that they will revise their production schedule since that gives a reserve life of around 45 years and the production license is only for 27 years, so a strong probability that they will look at more than 14 wells.
 
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