Reserves and Broker Coverage, page-3

Hi Cara,
Yes, I spoke with Ken yesterday afternoon and discussed various points of interest. As mentioned, he's frustrated with the delay in getting the Vali-3 net pay count information out to the market and is now hoping the CR extension will allow for these results to be announced before the new closing date. Given that MEL has already said that it is in line with pre-drill expectations for the Patchawarra, my view is that Vali-3 will have about the same amount of net gas pay that Vali-1ST1 penetrated, so around 80m.

I enjoyed his meteorite story on the Tookoonooka Impact Crater which is proximal to ATP2020....... Below is a bit of off "topic stuff", although the impact crater could complicate the seismic interpretation a tad.........






Kind regards OldGeo