Gav have a look at the last few presentations and the IRR figures in those.
http://clients2.weblink.com.au/news/pdf_1\01636733.pdf
Extrapolate those figures on the basis of the new acreage additions and you will have a LOWER limit imo.
Now start making some assumptions for a larger sweetspot acreage.
The highest of the lowest risk figures was around 200M bbls ( for the JV ) at 41%.
So a lower figure will be 600Mbbls at 41% risked mean. THATS STILL A LOT OF bbls !!!
So as you can see imho we will be AROUND THE 1 Billion bbls mark with all the new porosity/permeability data AT 41% risked mean.
Quite happy if we're heaps higher BUT at such a low risk of 41% that's a BIG number.
d.
The burning question, page-7
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