PSA petsec energy limited

Ann: Participation in Onshore Exploration Prospec, page-5

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    re: Ann: Participation in Onshore Exploration... Thanks PeterRG,

    I note the following from the PSA announcement:
    Participating working interests in the well are:
    Petsec Energy Ltd 12.50%
    Other Companies 87.50%

    I would assume something of an idea of target reserves has been put forward. Most times going deeper than 15,000 feet suggest larger than normal targets [Marathon was ranging 20 ~ 70+ bcfe]

    Short wait until Thursday.
 
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