Ann: West Erregulla Update, page-50

Yeah, SN's credibility is shot to pieces after:
Achieving a 100% drilling success rate in the Perth Basin (notwithstanding a few technical issues).
Establishing the existence of of >2 TCF of resources, a fair proportion of which will be converted to 2P reserves in the next year or so.
Bringing a gas project to market in less than 18 months (should Walyering go smoothly), transitioning us from explorer to producer. And potentially unlocking finance for WE too.
Securing deep-drilling gas rigs at a time when even the big boys couldn't
Getting government backing for a $billion dollar fertiliser project, and negotiating for offtake with Koch, a world leader in the area.
Negotiating a debt agreement with Macquarie Bank...

And so on and so forth.

SN's reputation took a bit of a hit because the initial reserves did not meet expectations and because our JV partner went rogue, making both parties look like clowns.