The fact that they're now referring to the Canning sweet spot as the Ungani terrace, in my opinion, unlocks s u b s t a n t i a l 'running room'.
The pieces are falling into place and previous attempts at discovery being reassessed.
In all seriousness, name another significant basin, in a Tier 1 jurisdiction, that is so under explored, under exposed and undervalued.
Victory1 now seems like it was just off the potential prize.
Vanguard (adjacent Victory-1) will however be drilled one day, long after our gateway well Rafael 1 is processing sweet wet gas, and after the closest potential tie-in fields to Raf being Salinas, Wright and the beast Udialla are drilled.
If all those prospects are discoveries, the tie-ins would be incredibly convenient and cost-effective, with export from Derby just a stone's throw from Raf processing hub.
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