The problem as I have said many times is that Growler which has stated reserves was only calculated using volumetric analysis. That is drainage around each well as was the news for Snatcher the other day.
The JV will be further evaluating reserves at Growler and Snatcher when the 3d is in.
Snatcher reserves are stated in the release the other day.
Again based on drainage only around each well. The 3rd well was only calculated on the known sands and not the new sands found.
Growler is much higher. Growler has had minimal decline so far with minimal water cut and discussions I have had indicate that the resource MAY be much bigger. How much is to be determined.
Monark -If you are keen to get more I wouldn;t be waiting until March April next year for the news reserves statement. The sp may be long gone by then.
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