Ann: Kingfisher E1 - Progress Report 5 , page-13

Bag,

I don't know of any dry land conventional reserves - let alone transactions involving.

As for MEL's 2p reserves being worth $2-3
given the 1p reserves are only 2.7PJ
I doubt the 2p's would fetch that high - that is when the mean average will help

Also, those transactions were pre-GFC - I wouldn't increase from them - I would discount them.

Lastly,
Its not dry land but NXS is selling their longtom gas to Santos for $2.80 per Gj.
But given that its a downstream contract - it still applies.
(I think Santos is getting a good contract there)