tallaganda reserves 3 tcf plus?

  1. 2,669 Posts.
    THIS IS ONLY MY OPINION BASED ON PUBLIC INFORMATION. (Please do your own research)

    Please focus on the words "after making a huge discovery in the Carnarvon Basin"
    More importantly focus on the words "A company spokesperson says it is a world class deposit with significant potential and ..."

    Apparently "World Class Deposit" has a definite meaning in the oil industry#

    According to my reasoning Tallaganda is a very large gas deposit.
    But what is the equivalent of barrels to Tcf?

    If "World Class" is half a billion #plus# barrels the Tallaganda Reserves must be 3 Tcf plus #ie 500,000,000 X 6#
    Can anyone fault my maths?
    PLEASE do your own research.








 
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