Copying a post from the TEG thread....

Copying a post from the TEG thread.

http://www.nopta.gov.au/_documents/fact-sheets/factsheet-pet-discovery.pdf

As per the PDF above, the company should be submitting a report that includes the following details by Christmas day!

 title details
 preliminary estimate of location and areal extent of petroleum pool (such as structural maps and interpretative seismic sections)
 details of geological structure where the petroleum pool is located
 results of all assessments of the discovery (such as petrophysical interpretation logs, test results and pressure data)
 preliminary estimate of quantity of petroleum in the pool (P10, P50 and P90)
 data used to estimate the quantity of petroleum
 preliminary estimate of recoverable petroleum
 details of plans for further evaluation
 details of planned work for the next 12 months in the title area.

Somehow I think the company has submitted for an extension of time on this report!