Ann: Charlie-1 Confirms Large Condensate Discovery, page-124

Docmin24,

As I have posted earlier today there are some 45tcf of stranded gas in Alaska, there are two audacious LNG development plans, one using ice breaker LNG tankers from a floating LNG vessel at Point Thompson. The other Alaska LNG is a behemoth 20MTPA using a 1000km gas pipe to the south following the Alaskan oil pipeline at a $USD40B price tag utilising Point Thompson and Prudhoe Bay gas reserves.

I could see our gas ending up at Alaska LNG with an off take agreement after liquids stripping. We will need to prove the resource which may require a few wells. The positive is that we now know the Torok reservoirs are viable here, we will need to flow test these horizons. After the Reserves are determined we could chase other prospects to add scale to negotiate better terms later to Alaska LNG if it gets up.