The last 3 minutes from about 16.30 are very interesting indeed!!
The Phase 2 plant is based on the 1P reserves which is a third of the reserves area which is itself 14% of the land area. In a previous video it was mentioned Phase 2 revenues would be about USD$400m/yr so that's from only 5% of the land area.
A sandstone area is not included in the reserves/resources statement. 12% helium every time the sandstone has been drilled and gas flow proven.
110 square km of sandstone, 100m thick with 15% porosity and 215 mili darcity permeability I think he said if anyone understands permeability terminology?
Yet another area a coal seam area of 500 square km. Methane and helium being produced from one well from the coal seam.
Given Phase 2 is about US$400m/yr in projected revenues and these sandstone and coal seam areas are not even included in the current reserves/resources statement there is huge potential to increase the reserves it would appear!!
The last 3 minutes from about 16.30 are very interesting...
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