L7 Discussion, page-4

Thanks Deso, all interesting reading
Past exploration and appraisal drilling in this area has been around or slightly below industry success ratios.
This drilling was all in the Late Permian and is pretty consistent with PB results
Ideally we'll be looking to go deeper into the Earlier Permian on trend with LD, Waitsia, Sth Erregulla deep etc
Very exciting drilling
If we look to see what success case looks like with our peers in the PB, we can expect to see current SP appreciate by multiples from here on success case basis.
Big enegy producer's and consumers are circulating the PB at present, I can only see this activity increasing as more gas facilities are built and the need to supply them increase

Market is very slow to pick up on this imo, or the market/today's investors expect to be rewarded without waiting.
IMO this deal is as good or better then our Mongolia assets, due to in location and quick to market capabilities
The trick will be to hang onto it !!!