I forgot to mention, ERCE provided the independent prospective resource report on the Butler Sand Prospect which saddles out permit EP129 and REY permit. That then led me down the rabbit hole of REY latest reports and looks like they are doing seismic on that this year and well on 2023. Was supposed to be drilled previously but doriemus pulled out to focus on another basin.
I wonder if we would farm into EP487 as the prospective resource looks huge (though I'm assuming unconventional?)
The broker applies $0.025/GJ to the prospective resource for Butler.
Anyway keen to hear others thoughts.
cheers
I forgot to mention, ERCE provided the independent prospective...
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