THIS IS ONLY MY OPINION BASED ON PUBLIC INFORMATION. (Please do...

  1. 2,669 Posts.
    THIS IS ONLY MY OPINION BASED ON PUBLIC INFORMATION. (Please do your own research)

    Please focus on the words "after making a huge discovery in the Carnarvon Basin"
    More importantly focus on the words "A company spokesperson says it is a world class deposit with significant potential and ..."

    Apparently "World Class Deposit" has a definite meaning in the oil industry#

    According to my reasoning Tallaganda is a very large gas deposit.
    But what is the equivalent of barrels to Tcf?

    If "World Class" is half a billion #plus# barrels the Tallaganda Reserves must be 3 Tcf plus #ie 500,000,000 X 6#
    Can anyone fault my maths?
    PLEASE do your own research.








 
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