Just because I'm bored so playing with chat gpt And heres what...

Just because I'm bored so playing with chat gpt
And heres what it said must say some interesting points there especially the bit about viability untill 2077 for Killanoola

The Killanoola Oil Project is Red Sky Energy Limited’s (ASX: ROG) flagship asset, situated in the Penola Trough of South Australia’s onshore Otway Basin. Covering 17.5 km² under Petroleum Retention Licence PRL-13, the field was acquired from Beach Energy in February 2021 .redskyenergy.com.au+6redskyenergy.com.au+6Offshore Technology+6️ Resource Estimates & Production OutlookDiscovered Petroleum Initially In Place (PIIP): An independent report from April 2023 estimates PIIP at 135.5 million barrels, with Red Sky targeting over 30 million barrels of recoverable oil .redskyenergy.com.au+1redskyenergy.com.au+1Contingent Resources: As of April 2021, the 2C contingent resource estimate stands at 2.8 million barrels, with a 3C estimate of 5.5 million barrels .Company AnnouncementsProduction Timeline: Commercial production commenced in 2024, with peak output anticipated in 2026. The field is projected to remain economically viable until 2077 .Offshore Technology️ Development ActivitiesDW1 Well: In November 2023, Red Sky received approval from the South Australian Department for Energy and Mining to commence production from the existing pay zone at the DW1 well .Petroleum Australia+2ASX Announcements+2my.bfn.today+2KN2 Well: A high-impact vertical well, KN2, is planned based on 3D seismic interpretation. Drilling is scheduled for Q1 2025, aiming to access a structurally higher section of the reservoir .redskyenergy.com.au+1Investi API+1Farm-In Agreement: In May 2025, Red Sky entered into a binding farm-in agreement with Condor Energy Services Ltd, Chawla Group Pty Ltd, and VB Energy Pty Ltd. The consortium will fund 75% of the drilling and completion costs for the KN2 well, earning a collective 45% interest. Red Sky retains a 55% stake and operatorship of the well and the broader PRL-13 licence area .HotCopperlaohu8.com️ Crude Sales & OfftakeViva Energy Agreement: In August 2023, Red Sky finalized an agreement with Viva Energy Australia Pty Ltd (ASX: VEA) for the purchase of all crude produced from the Killanoola project, subject to quality specifications. Deliveries will be made by road tanker to Viva Energy's Geelong refinery .redskyenergy.com.au+5investi.com.au+5Investi API+5 Technical CharacteristicsOil Quality: The field produces a 34° API waxy crude, discovered at a depth of approximately 850 meters .Argus Media+1OGV Energy+1Flow Rates: Previous flow tests have recorded rates of up to 300 barrels per day .OGV Energy+1Argus Media+1For more detailed information, you can visit Red Sky Energy’s official Killanoola Project page.redskyenergy.com.au

And then we have very soon 2 gas wells pumping cold hard cash . . Mav will not think 4 producing wells will never happen . Dont be like Mav He's a waddle duck