What gas reserves? They dont have any proven yet but they are in the process of drilling and testing now. The first wells are to prove up sufficient gas for the Stanwell deal. Later in the year, if they have the money, they will drill more wells in their own 100% part of the permit.
Once wells are drilled , they need cleaning up and production testing over several months. All of the data gets fed into a reservoir engineering model and eventually proven reserves are calculated.Its a lengthy process.
This current well will provide a good indication when they have the gas flow data but they will be a long way off knowing the big picture.
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