thezulu,
Please check out the presentation from Friday.
Page 10:
Phase One 2009 commenced December 2009 : CSG drilling and seismic
- 5 fully cored CSG wells- (Pedirka Basin) - 2 to go, now 4 wells confirming over 100m net coal
- GoreTM survey Johnstone, NW Mereenie - 2/3 complete
-1,350 line km (Amadeus and Pedirka Basins) - 1/2 complete
Subtotal c.$25 million
Phase Two 2010 commencement Q2 2010 : 3+ conventional wells
- Ooraminna-2 gas, 2 TCFG UGIIP - already flowed gas-spud May 2010 target
- Johnstone-1 (and/or Surprise, Stuart and NW Mereenie) oil up to 500 MMbbls UOIIP (shale gas/oil potential, will core the HVS)
-
Magee-2 gas, condensate, Helium 0.8 TCFG, 15 BCFG Helium UGIIP - previous flow
-
Simpson Prospect Block EP 97-oil
Subtotal c.$22 million
up-ramp, down-ramp: a cognitive study, page-39
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