Bhutos, they've given more details this time around frm the WL...

Bhutos,
they've given more details this time around frm the WL logs so they'll have a best case as well as a mid-high estimate for both OIIP & recovery factor.

That 300 was at the P10 level OIIP for PS1. At P90 & P50 it was 40 & 111 mmbbls oil in place as per D&M's report on the ASX in April 2015. Overall they ended up booking 6-18-55 as the 1C-2C-3C which doesnt look commercial in a low oil price environmnt.

As for the M/Car simulation, there's a Excel plugin version from Oracle for Crystal Ball where in one could use different iterations of the 8 key variables for the Caley as a start-up case & let it calculate the range from P1 to P100 with a mean value. Think they may still b doing a 1 month free trial b4 asking for 1000$/year for the subscrptn after 30 days trial.

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Ripley's trivia for Cujo (from the 'Believe it or Not' section):

'Sage-1' light oil discovery back in Q1 1999 had a smorgasbord of JV partners, yep Apache, WPL, FAR, CVN, VPE (aka Senex). They found 48 API light oil in the Saffron Sandstone interval & flow tested 2155 bopd, but the discovery was too small. Its located North of Reindeer & Caribou in the Carnarvon basin.