Significant Resource Increase

They state "Estimated Ultimate Recovery (EUR) 8.4Bcf per well (2018;5.6-6.8Bcf)" that would be some where around $75 million for the three wells if you assume 3 wells at this stage, is that everyone's view

If that is correct it explains why Burton and others are still in there buying that a 3 bager on current prices all ready in the bag just need the price and the more wells the more the $25m kicks in

The only issue I see is the 10Bfc over supply being talked about be USA EPA and the low gas price in the USA at this stage $4 compared to COE in Victoria at $8.15