Ann: VEN: Cooper Basin Update, page-9

  1. 6,693 Posts.
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    The Toolachee numbers are absolutely fantastic. Will be interesting to see what the reserves look like, but there is a significant jump when comparing the pre-drill mid case to the high case...and in my self-taught opinion it looks like the high case is certainly ballpark, if not a potential understatement, given the significant net pay recorded. Exciting times, especially when combined with possible oil pay at Vali 3.

    Just got to get the funding situation clarified/sorted asap as I can't see what else is holding this back atm.
 
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