MIN 13.9% $49.14 mineral resources limited

North Erregulla Deep 1 (Silence), page-121

  1. 335 Posts.
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    They only have approvals for LKR-2, NED-1 & LKR-3, so would need to release the rig to Strike and submit something to the EPA for a new location before being able to drill again, which based on the lead times for submissions at the EPA seems unlikely at this stage. I surmise that because the LKR-3 pad isn't an ideal location that they might go for a deviated well to hit above the newly interpreted GWC to try and get some better net pay numbers for the structure to help the business case for a fast tracked gas plant.
 
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