Ann: Highly significant gas discoveries at Erregulla Deep-1, page-28

Just to put these results in some perspective, these are the initial ED results compared to the nearest wells (WE-3 and NE1/2)

Erregulla Deep

No flow rates yet.

Net pay: 28 meters

Porosity average: 13%

West Erregulla 3

Distance: 9.2 km west of ED

Peak flow rate: 90 MMcfd/day

Net pay: 38 metres

Porosity average: 13.8%

North Erregulla Deep (Min resources)

Distance: ~16 km NNW of ED

Flowed at 79 MMscf/day
Net pay: 33m
Porosity: 16%

Also worth noting, North Erregulla 2 was an oil discovery (right next door to NE1)

I am very excited not only for what this well could produce on a standalone basic, but also for what it means for potential reserves upgrades in the rest of West Erregulla tenement (see previous posts).