Copying a post from the TEG thread.
http://www.nopta.gov.au/_documents/fact-sheets/factsheet-pet-discovery.pdf
As per the PDF above, the company should be submitting a report that includes the following details by Christmas day!
title details
preliminary estimate of location and areal extent of petroleum pool (such as structural maps and interpretative seismic sections)
details of geological structure where the petroleum pool is located
results of all assessments of the discovery (such as petrophysical interpretation logs, test results and pressure data)
preliminary estimate of quantity of petroleum in the pool (P10, P50 and P90)
data used to estimate the quantity of petroleum
preliminary estimate of recoverable petroleum
details of plans for further evaluation
details of planned work for the next 12 months in the title area.
Somehow I think the company has submitted for an extension of time on this report!
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