thanks Golden Cross for pointing out the kooky stats.I also...

thanks Golden Cross for pointing out the kooky stats.

I also think 27% for one well being successful is too generous in any case. For rank wildcat stuff like this, 10-15% max and even then they would need to find a really big discovery for it to be economic to produce.

Also I wonder what the SC55 past costs will be. I have no idea but usually these will be a couple of million or so. That would be nice. (If someone knows this number, please post it).

I do recall Cue Energy getting a decent chunk of cash from Woodside when Woodside farmed into one of their offshore WA licences, so the amounts can build up.