Vespian, love the pun.Brilliant work Arkie, hugely informative,...

Vespian, love the pun.

Brilliant work Arkie, hugely informative, maybe my e-mail to him got lost but I'd asked similar questions.

Key Points for the SP that were in line with my previous stated caution on the SP

1) The following would allude to W3 not being pursued commercially:
"The Warro 3 completion was not of this type but future wells will use the Warro 3 experience and ensure any water can be efficiently removed from the well, to not inhibit the gas flows achievable from the reservoir"

2) 3D not due to be carried out until March/April following which W4 will need to be designed & drill rig put in place, and drilling/flow testing done. IMO unlikely prior to oppie expiry, though hitting good gas bearing zones with no water bearing fractures close by may be able to get the oppies over the line.

So it's bottom shelf or move capital elsewhere for a while (which I've already done). I never doubted the field will still be a goer, just didnt like the chances of W3 being resolved. See you all in 6 months :)

Once again Arkie, thanks very much for sharing this excellent information.