From STO website, notice potential Amadeus to Cooper basin pipe line ?
https://www.santos.com/media/3708/2017-first-half-results-final-presentation.pdf
.... "Under a range of scenarios crunched by the JV partners, if Mt Kitty is a four-way dip closure it could host recoverable resources of 61Bcf of gas and 29.7Bcf of the even more valuable helium (P50), while if it is a fault-dependent structure it could contain 38Bcf gas and 18Bcf helium.
Helium is worth about 10 times the gas price, because it is not often successfully trapped, however in the Southern Amadeus Basin there is a pervasive salt layer that, based on the scant few wells drilled to date, has acted to trap the gas.
A lot of the focus of the recent seismic in EP 112 (Central 60%, Santos 40%) and EP 125 (Central 30%, Santos 70%) has been on the potentially giant Dukas prospect.
While not well imaged at this stage, gravity data has been used to generate two scenarios.
Under the first, the Heavitree reservoir high is overlain by the thick Gillen Salt unit, similar to the earlier Magee-1 well that flowed 50,000cfpd on test from a think 4.5m, whereas the Dukas reservoir appears to extend over 500m.
Data suggests the potential for 2.4Tcf gas and 493Bcf He.
However, given the Heavitree Quartzite was missing at Mt Kitty a second theory suggests Dukas could be another fractured basement play with 1.25Tcf gas and 255Bcf helium.
Further work over EP112 (Central 60%, Santos 40%) and the newly acquired EPA 111 suggests the Sculthorpe prospect has similar potential.
Under the Heavitree Quartzite scenario the prospect could host 728Bcf gas and 149Bcf helium, or 176Bcf gas and 36Bcf helium under the fractured basement scenario.
Generally, Santos needs to commit to drilling in any permits this November, and it has around one year to complete the work to move to 70% in any permit where it elects to drill a well. ....."
http://www.energynewsbulletin.net/energynewsbulletin/news/1142286/central-unveils-helium
From SoA booklet, a lot of gobbledegook compared to Energy news, Haydn Black's report.
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