I believe Cue may need 3 weeks to assess the 350 sq km 3D new data. Let’s hope by 15th Oct the technical team would be able to validate WA-389 prospect. Rob has confirmed in today’s report, the
WA-389 potential contain a minimum of 2 to 9 TCF potential gas-in-place.
1 tcf of gas = $13bil AUD…this will be a Kar-2 !
annual report, page-6
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