BNL blue star helium limited

Considering they are talking about going into production:1. When...

  1. 4,636 Posts.
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    Considering they are talking about going into production:

    1. When do they expect to have some contingent resources and then reserves for Galactica/Pegasus?

    2. When do they expect to have some reserves for Voyager?

    3. Why were contingent resources for Galactica/Pegasus not released considering four wells were drilled there whilst Voyager did release contingent resources with only one well drilled?

    Usually as per the schematic you need to have reserves to be commercial. So how can they be so confident of successful production when still in the sub-commercial and undiscovered categories of contingent resources and prospective resources? ie how confident are they of proving up some reserves? Or they are going into production before proving up any reserves?


    https://hotcopper.com.au/data/attachments/5303/5303672-41db9178ca66a1820dccc253f253b62d.jpg
 
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