re: sleeping giant waking up A quote from redcorduroy... "- Why...

re: sleeping giant waking up A quote from redcorduroy...
"- Why are 1 billion barrels commercially viable? (note that the majority of their UOIP is in one prospect)"

HMMM sorry to disagree redcorduroy but if I could point you to the following from p.9 of the 2008 Annual Report...

Table 1 – Oil Prospects and Leads 2008 Seismic Programme
Closure UOIIP
(acres) (MMBL)
Vivienne Pedirka EP93
Poolowanna 2 ,298 9 8 0 0.70 3 4
Tirrawarra Equ. 2 ,298 9 8 0 0.60 4 2
Guinevere Pedirka EP93
Poolowanna 9 ,390 38 2 30 0.70 4 78
Tirrawarra Equ. 9 ,390 38 2 30 0.60 6 83
Madigan Pedirka EP97/EP93
Poolowanna 5 ,436 22 1 00 0.70 9 9
Tirrawarra Equ. 5 ,436 22 5 0 0.60 4 1
Johnstone Prospect Amadeus EP115
Pacoota Sandstone 1 3,750 55 8 0 0.75 1 73
Stuart Amadeus EP115
Pacoota Sandstone 3 ,000 12 8 0 0.75 3 8
Gypsum Amadeus EP115
Pacoota Sandstone 2 ,000 8 8 0 0.75 2 5