valentine is the last roll of the dice, page-18

Hi Bg

The Tui fields are not that small, compared to offshore Perth. Agreed with good reservoir it might work (Cliff Head was marginal prior to il price ramp up). There again ARQ et al have just reduce landholding offshore Perth by not renewing Exploration permits.

CSEM have you ever look at that technique, very early days and still need a good depth of water to work (need to be hidden away from the sun energy). I used a similar techniques onshore with good results, in fact amazing. What is available commercially offshore isn't as good yet (big companies such as ESSO, Total have own in house systems which are better). Current CSEM works well on large simple structures with out a lot of faulting.

Hence wouldn't work well yet in the off shore Perth basin. Need to be refined and trialled elsewhere (you need to prove up the method) before Perth. May be in 10 years who knows.

cheers

PC43