hmmmm ... 30MMBLS in place, poor to average reservoir. Say 6-10MMBLS recoverable @ 600-1000 BOPD per horizontal well. Very rough estimate.
From AWE's map of the region, there doesn't appear to be any other structures of note near Dunsborough. Leander Reef is actually closer to Cliffhead. I'm not sure if a standalone oil facility would be economic here?
At least they understand the geology alot better with 3 successful finds.
Bg.
hmmmm ... 30MMBLS in place, poor to average reservoir. Say...
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