Ann: Transforming New Standard Energy , page-12

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  1. 24,192 Posts.
    lightbulb Created with Sketch. 5566
    We have moved from

    Prior to Today
    a) moderate risked near term play near infrastructure (Merlinleigh - Carnarvon basin)
    b) High risk Canning basin plays no infrastructure

    to ...

    Today
    a) Immediate production with 6 wells producing
    b) Two high probability wells in Eagle ford in Q1 2104
    c) Two high probability wells in Eagle ford in Q3-4 2014
    d) Mid term Cooper Basin play near infrastructure
    e) Longer term moderate risked near term play near infrastructure (Merlinleigh - Carnarvon basin)
    f) High risk Canning basin plays no infrastructure


    So near term income and sustainability to offset the longer term high risk stuff... Risk mitigation in a nutshell


 
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