unicornI did mean 1300 PJ of 2P but I have to admit that the...

unicorn

I did mean 1300 PJ of 2P but I have to admit that the criteria are not that clear to me either. 3P reserves are supposed to only be claimed up to what there is a market for by way of MOUs or gas sales agreements. Does this mean that you could end up with 2P greater than 3P if you don't have a market???? I guess I was assuming that to claim >1300 PJ of 3P they need to have more MOUs in place ....... therefore I am assuming/hoping that they will get these MOUs (to supply gas into the NSW grid??) and therefore they may then be able to state > 1300 PJ of 2P. The other thing I was getting at was that given Dewhurst alone has upside to 1,750 PJ there's every chance that provided the lateral production pilots go to plan we could see 1300 PJ of 2P proven well before year's end .. so they could exceed that 2P target this year.

H