Ann: Maiden Gas Reserves and Resource Report, page-7

The big update to me is the increase in overall project potential to just under 12tcf now. Each 1tcf proven into reserves could be worth about $1 billion in company value. The reserves are only 6.4bcf or 0.0064tcf at this stage as only from a small area. A big reserves number would have a best impact on the shareprice I reckon but increasing the project potential by 6tcf is pretty decent given what it would be worth if proven up.

I remember the shareprice spiked to like 16c off drill results in the last year or so so who knows how the market will react here.

2U = 0.9tcf
2C = 4.9tcf
2P = 0
2U+2C+2P = 5.8 tcf

Updated
2U = 5.8tcf
2C = 6.0tcf
2P = 6.4bcf
2U+2C+2P = 11.8064 tcf

PS the case study Pure Energy proved up 1tcf from about 40 wells. KKO has now drilled about 40 wells but not sure how they compare to Pure Energy in terms of flow-rates reservoir sizes etc..