Speculator,
Not sure where you pulled those figures for Magee from, but they don't seem to add up. Here's one posted by Ya previously that shows the correct content as quoted by CTP as well:
49% wet gas with 6% helium is what Santos is chasing. There are about a dozen larger structures than Mt Kitty within the Southern Amadeus targeting the same play as studied by Greg Ambrose (still a CTP employee?). We just need to find one with thick reservoir like Mt Kitty. Although the hydrocarbon gas content is much lower, Mt Kitty had gas shows throughout the whole depth of the reservoir. Will be interesting to see what the testing will turn up when Santos returns to it.
Then we have billions upon billions of barrels of oil to be discovered in the Pedirka - IF (a really big IF) oil can be proven to exist there. I mean, look at the Madigan prospect as later touted by JH - 4 billion barrels of oil! I wonder what are the chances of that hey? But JH needs to be credited with finding oil in the Western Amadeus, namely, the Surprise discovery did come in pretty close volume wise as a pre drill estimate.
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