Yeah that's about my estimate for Mereenie decline and why I said 18 months for Mereenie production to drop back to pre WM29 levels. It'll decline quicker initially and then flatten out.
But there is still another 6 months before FY26 starts and much of the decline will happen the last 6 months of this FY.
PV is in harmonic decline at the moment which means it should continue to flatten out as the tight gas support from that PV12 reservoir kicks in.
I note Dingo production is nearly at full rate now too. The power station must be needing more, which is good in one sense but does mean we won't get as much from the take-or-pay contract. It was nice to be having our cake and eating it too.
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