WGO 0.00% 35.5¢ warrego energy limited

Ann: West Erregulla 2P Reserves upgraded by 41%, page-29

  1. 1,834 Posts.
    lightbulb Created with Sketch. 2786

    Anyone with a hint (@Autosime, perhaps from your conversation with DD?), what DD could mean with his reference to the "Central Area"??


    We are also evaluating recently acquired data that indicates there may be additional Reserves potential in the Central Area of West Erregulla. However, further analysis, mapping and modelling is required before we can draw any substantive conclusions.

    We know from the initial certification, that NSAI went very conservative re the water in WE4 and used a substantial areal extent of the possible polygon in question. Strike informed at that time, that this conservative approach resulted in a reduction of the P50 recoverable resource of 180 PJ (!!).

    https://hotcopper.com.au/data/attachments/4543/4543674-2c4ed3dc777cdad581c47891c2d37d03.jpg
    Wonder if the reference by DD might address this point? It would be again a significant upgrade...

    Anyone with some insights?

    Last edited by gimo211: 28/07/22
 
watchlist Created with Sketch. Add WGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.