The new news here is the change of assumptions on gas content.
The well location looks to be in the same place we were advised at the Gold Coast.
The definite change is in the discussion of gas. "Messy stuff, we dont like it", said Cath. Oil is what was expected with a small amount of gas near the cap, which the well location was designed to avoid.
Interesting. I hope that the condensate doesnt take away too much of the 825mb of the real black stuff. Is the 825mb a mix of the two levels?
Other than that we still await the confirmation of our JV and the go ahead for Stenna.
I am assuming that the Stenna cant be confirmed until we have an approved JV? How long will it take for Stenna to prepare and get on location?
I hope you are right Szaba, and we get a rash of news that have some real essence.
Still aiming for spud in early part of the 4th qtr.....excellent news confirming nothing has changed to upset that timetable, which means we are still expecting all the pieces to be in place shortly.
Happy with that.
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The new news here is the change of assumptions on gas content....
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