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Ya,Rose 3d's were completed 30/10The references I have used...

  1. 961 Posts.
    Ya,

    Rose 3d's were completed 30/10
    The references I have used are:

    http://imagesignal.comsec.com.au/asxdata/20091030/pdf/01005402.pdf
    30/10 - Quarterly
    Page 11 of 19
    In a mid case a single 35 metre sand in the structure could contain approximately 4 trillion cubic feet of recoverable gas
    no p10 or p50 - but mid case implies p50

    http://imagesignal.comsec.com.au/asxdata/20091112/pdf/01010027.pdf
    12/11 - Chairman's address at AGM
    page 3 of 4
    Caterina could possibly hold up to 11 TCF
    of in place gas.

    no p10 or p50 - but "up to" implies p10

    http://imagesignal.comsec.com.au/asxdata/20091112/pdf/01010034.pdf
    12/11 - CEO pres at AGM
    page 28 of 33
    Potential Recoverable Volume (One 30m sand) P50 4 TCF
    Potential for stacked sands

    p50 mentioned

    But the reason for my long post is the following
    http://imagesignal.comsec.com.au/asxdata/20100120/pdf/01030235.pdf
    page 9 of 17
    A single 35 metre sand in the structure in a mid case could contain approximately 4 trillion cubic feet of recoverable natural gas. Stacked reservoir sands could contain up to 11 trillion cubic feet of gas in place in a mid case.

    Notice the 11tcf is referred to as a "mid case"
    That is its not a real p10 - its actually another p50 with a different "stacked sand" scenario.
    Meaning that the p10 in Caterina could be much larger than 11 tcf.

    It seems to me that they really don't know much at all about Caterina yet - implying that the Rose 3d's were pretty spread and cheap.

    Question: wouldn't decent 3d's tell them if there are stacked sands or not?
    OR
    Do we need drilling for that?

    Cheers

    Brad
 
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