Its all there.
Bits of conversation with Bob Berven this morning, and some interpretation -
Maybe between 8(Arc)-17(Ego) km 2 and 60 m(EMR) deep. Might be a bit of oil in the bottom. Was surprised to see Ego quoting 17km 2 in their update. Apparently Arc was thinking ~8km 2. Will have to wait and see.
Anderson in SB is less significant now in terms of size.
They have to move the rig cos of the cyclone season (dont want to get it stuck there), as well as other jobs etc.
Nullara should be good. As has been mentioned before the confirmation will be in the flow tests etc, next week. Would be surprised if its not at least a couple of mmcf/day. Total resource size is *potentially* 300bcf+ (up to 1TCF). Had some difficulties with the mudlosses etc, but not expecting any more problems. Overall the Nullara looks to be a really nice unexpected surprise.
Nullara structure should be present in the emr lease next door. Native title stuff currently being sorted (off to Broome next week). But no time scales other than what already been stated.
Hope and PB going well.
Thats about it. Looks good to me, but like Jembsb said, the proof will be in the pudding (flow rates etc), and Arc dont put out "maybe/might be" official updates (which is good) - only confirmed results.
cheers
MD
ps - imo now would be the time to buy more if you had any spare cash.
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