KAR 0.34% $1.48 karoon energy ltd

poseidon - unleashed, page-4

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    GIIP Estimates

    Pessimistic case 02.78 Tcf
    Conservative Case 04.83 Tcf
    Probabilistic Case P50 07.19 Tcf
    Best Guess 07.28 Tcf
    Optimistic Case 13.30 Tcf

    Ya These reserve estimates are from 2009.

    Its my understanding that these are based on the P1 results and don't take into account any increases due to the Montara Formation found in P2 and the fact that the updated seismic seem to indicate more rather less gas.

    I get the feeling that inhouse the P90, P50 and P10 figures are trending up, any thoughts ?

 
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