The 1P GWC in the reserve statement release (dated 11 October 2021) is at -4,630 metres, so we remain above that at Top Kingia.
I suspect, with this coming in much lower than expected, that the two fields are not linked thru the saddle, and that you will have a different GWC. SE is closer to the deeper source, so it could be deeper and then spill to WE. Still lots of reasons to be optimistic.
What we know. Gas shows, good apparent reservoir, good location.
Today's comment about it being up-dip from WE looks sloppy and is simply a cut and paste from a prior announcement. I understand how that happens, but we are not paying for cut and paste when there is so much at stake.
Cheers, AL
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