caterina farm out, page-10

EL,

not like you to miss the point.

Agreed- 4tcf would be a great result.
Given that local gas prices in WA are running at $6 to $8 per Gj (equating to $6 to $8 billion)
I would suggest that less is still a great result.

My point is that you would need a higher p50 to attract a major. (At this stage)
It is another example of not understanding field development.

Look at you favourite prospect: Artemis
partnered with MEO to get the first drill done and decent 3d's
2 things Caterina hasn't done yet.

After which- those silly little p10's, p50's and p90's start lining up with better numbers

NOW

We are too negative to each other.
So I'm going to go back through all your posts and try and find something positive to say about your O/G knowledge.
(If I struggled with balance sheets or tax - I would find you useful - ah accountants, got to love them.)