estimate of the Geological Chance of Success (GCoS, Kingia gas)...

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    estimate of the Geological Chance of Success
    (GCoS, Kingia gas) for NED-1 is 74% 2
    . Both Lockyer-2 and NED-1 in the success case will be cored within
    the primary Kingia reservoir section and will be production-tested and completed for production.
    NED-1 will also test for oil potential within the Arranoo/Dongara/Wagina formations as a secondary
    objective, given that the North Erregulla-1 well (1967) recovered 38°API oil on test from low poro-perm
    sandstones.

    Reasonable risk, considering all the other info around.
 
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