Ann: Investor Presentation, page-17

Very interesting. Seems that cosmo was on the ball about the direct charging. This world class seal is also charging structures and this probably also explains the oil in the Barrett and Hoave sands.

So the resources presented to date are on the low end given the lack of understanding of the oil water contact. If the Baxter extends to Roc this validates their model. The diagrams shown in today’s presentation show only present the caley interval in context to Roc. I would expect these sands to thicken further down dip towards Roc as does occur in similar traps in the Gippsland basin.