Hi Pottermore, NWE mapping of Lead E shows that the prospect has complex faulting and it is of note that the top Kingia Sandstone is mapped about 200-250m deeper than how WGO have historically mapped it - see comparison maps at about the same scale below. Lead E will need the Rococo 3D seismic survey to accurately select a drill location for an exploration well.
If Lead E is gas-charged to the closing contour of -4950mm TVDSS, possible volumes for Lead E, net recoverable, hydrocarbon gas NWE 20% share are about 350 BCF).
Kind regards OldGeo
NWE Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held