gutted,They may have 1MMbbl, my view is that they don't To get...

gutted,

They may have 1MMbbl, my view is that they don't To get 1MMbbl they have to close growler, wirraway and warhark stratigraphically in 2 directions (see map on website), which raises the risk on this being the case significantly. If they had 1MMbbl reserves, then at the 60 bopd flow rates they have tested from growler and wirraway( which could be higher on pump, but if pumped are likely to cone water earlier), with say, 4 wells they are looking at 20 years production. The figure of $40/bbl is an NPV that should be used for high flowing fields that start producing at thousands of bopd. The longer it takes to get it out the lower value.