So a very late and very reserved release. Don't get too excited. But a recap is in order re Marley:
"High impact gas game changer"
"Potential to double TAP Oil's existing reserves (6.5Mboe)"
"Adjacent to existing JV infrastructure"
Given a 20pc chance of success after Marley 1
"Very large structure potential for 1Tcf" (~1000PJ)
"If marley is successful then additional potential for deep gas in Harriet JV acreage"
12.5% of HJV...
In reservoir sands with gas shows...100m in, 250m to go to TD, logging to follow...
So keep it very low key - we don't want to be disappointed.
Do we?
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marley 2 in target sands
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