full video: Cath N. FAR Presentation - RIU Good Oil Conf Perth, page-105

Que? Two different companies, drilling two different prospects, with two different COS. One company drilling an extension of the SNE field with a chance of 50% and the other drilling a first up hole with stated chance of around 15%. The latter one is classed as a "wildcat" drill hole. You did get the term correct in some of your previous posts here but unfortunately you posted on the wrong site! Any comparisons to FAR by Hustler or myself related purely to valuation price per 2c barrel of oil if PCL were successful and possible SP of PCL post a successful outcome. Only other thing I can think of is MR H talked about various timelines and making comparisons with FAR's timelines post first successful hole at SNE. All perfectly reasonable IMO and definitely realistic. I personally apply that same realism to when I post on FAR site.

I am very glad you found it interesting and I do hope you have learnt something about wildcat holes and the pitfalls of interpreting faults on seismic presentation slides on your IPhone!