I wonder if she’ll come out of hibernation on this news. One would think so! But the ol markets been a difficult one to predict in recent times.
any way you look at this it’s good news IMHO. Australia consuming about 800-900 thousand barrels of oil per day, an extra 93 mill in reserve never hurt. Especially at current oil prices.
anyone know timeframe of extended production testing, and from there to long term production?
Ann: Killanoola Project Potential Up To 93 mmbbls, page-12
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