Ann: South Erregulla Success Unlocks Project Haber, page-112

Zhisun007 You ask " What’s the estimation now based on today’s announcements? 200 PJ?"

They say in their announcement that they will get an independent assessment of the amount of gas in SE after they have done the flow tests..

This will be done before they have done 3d or drilled any more wells. in SE. Why would they do this? The logical answer is that they now believe they will get reserves of at least 350PJ which will allow project Haber to progress at full speed - independent of any more work they have to do at SE. Sure, because they don't, have all of the information they need, the independent assessment will be conservative. Do you think that this will worry STX. Probably.. As with WE, the share price will be discounted because the reserves will be a long way below what, they believe, is down there. On the plus side and as aforementioned, they will get Haber up and running much sooner. This, I believe i,s and should be, their goal.