We certainly need some successful drills to get the SP moving in the right direction,not before as in the past.
I think now the market will only give any credit to firm 2P after this debacle.
W7,Erregulla Deep and OH (50+138+306 = 494 PJ) we are relying on big time this year as well as a favorable decision from the WA govt re export.
And don't write off SE until we can get a better look at the Wagina to the east as management have been hinting at.
SE 2&3 look highly improbable at this point,IMO.
It's certainly been a setback but there's still a potential path to growth this calendar year.
GLTAH and more patience is needed.
Ann: South Erregulla Update, page-307
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