Ann: South Erregulla Update, page-30

Gharp, I dont believe SN is acknowleging that it is a GWC. If you read what he said in the announcement Viz:

The parties to the West Erregulla joint venture currently have varying interpretations of the gas water contact in the field, however, positively, even if the most conservative viewpoint were to be adopted, the South Erregulla structure is interpreted to lie above the contact and in communication, and on that basis is likely to be co-charged with West Erregulla.

carefully, all that he is saying is - even if the WGO interpretation is correct and the water is coming from a GWC rather than a perched water lens, - it makes no difference to their current thinking on SE