Do you have some insider information to get all of that.?? Hi...

Do you have some insider information to get all of that.??

Hi Buddy, I have the same "inside info" as anyone else who can navigate a computer. To be honest I don't appreciate your tone, nor the insinuation that I'm attempting to mislead anyone. At the conclusion of this response you will be put on ignore so don't waste your time on a reply.

The information on flow rates is publicly available information provided by the Australian Energy Market Operator (AEMO), to anyone well researched it's the first port of call for tracing gas company production. The link to their website is here https://aemo.com.au/Gas/Gas-Bulletin-Board/Reports

Now and unless you have got some hot information which none of us have, can you contradict or go against what both Santos and our dearly beloved Management and BOD's told us as shown above.??

STO and CTP management are simply calling it as it is. It is being called a wildcat despite the proven petroleum system therefore the COS is likely about 25% although wildcat success rates have to my knowledge been improving over the last few years. STO have spent several years doing their homework and have opted to spend however many million in getting this to the drill, these large companies have rigorous process to ensure that only worthwhile prospects have money committed to them. Based on this we know from their decision to drill that their internal risk profile has been satisfied. In terms of cost to develop, well to state the obvious yes it will cost a lot to develop if successful, likely well into the billions but guess what? If it gets to that stage it's because there is a known NPV in going ahead with its development. It's because the billions needed to develop the project would have a return of more billions.

My suggestion to you Buddy is to do at least some research of your own before you come on blasting the credibility of others as it comes across as highly ignorant. For a little starter pact here is some homework on the info that STO have put to market regarding their research that has backed a decision to drill.

https://dpir.nt.gov.au/__data/asset...sights-from-potential-field-data-analysis.pdf

https://centralpetroleum.com.au/wp-...pex-Presentation-AMADEUS-Johns-et-al-2017.pdf

Helium is worth about 10 times the gas price, because it is not often successfully trapped, however in the Southern Amadeus Basin there is a pervasive salt layer that, based on the scant few wells drilled to date, has acted to trap the gas.

A lot of the focus of the recent seismic in EP 112 (Central 60%, Santos 40%) and EP 125 (Central 30%, Santos 70%) has been on the potentially giant Dukas prospect.

While not well imaged at this stage, gravity data has been used to generate two scenarios.

Under the first, the Heavitree reservoir high is overlain by the thick Gillen Salt unit, similar to the earlier Magee-1 well that flowed 50,000cfpd on test from a think 4.5m, whereas the Dukas reservoir appears to extend over 500m.

Data suggests the potential for 2.4Tcf gas and 493Bcf He.