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If its one of the Nugal Basin targets Conoco have already...

  1. were
    2,086 Posts.
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    06/01/08
    14:55
    Post #: 3214154
    If its one of the Nugal Basin targets Conoco have already identified - it will be a potential 500 mmbles 'recoverable'.

    Which to illustrate how big 500 mmbles is - it is the equivalent of about 1/3 of Australia's current TOTAL known Crude Oil reserves.

    See;

    www.atse.org.au/index.php?sectionid=812
    RRS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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