Beetaloo or bust: the route to commercial success for an Australian shale play, page-46

H Fitz
Admire your enthusiasm but we are in the hands of the Tamboran team. If they can demonstrate good commercial flow rates from the upcoming high impact wells I believe the potential is enormous. The checker board plan is to split the current field into 6x 200,000 acre blocks with Tamboran taking 3 with Falcon holding 22.5 %. Each block is capable of yielding 9 tcf from 500 wells.
To put this in perspective the WDS Scarborough field is estimated to hold 7.3 tcf.
On the other hand if they are not, it will be difficult to move forward and yes it could be a bust.
I am trying to condition myself to the value going to zero, by not including TBN in my portfolio and avoiding deep diving.

Cheers