If that is the case, then the certifiers, NS&A, have incorrectly...

If that is the case, then the certifiers, NS&A, have incorrectly booked 988PJ of ESG's resource to 2P. And incorrectly booked over 1,800PJ of 3P. THEY have certified there is a 'reasonable likelihood' of a market for this gas, not me.

NS&A decide what markets are there and what are not. And they do so objectively, and rigorously.

This is not an amateur's view of Australian politics and the state of the energy market.

So let's not talk about 2P gas reserves without a likely market. It is an oxymoron.


And further study will reveal that all of ESG's current 2P reserves are based purely on power-gen, not LNG. Any extra gas that is required for LNG will be upside for ESG's 2P reserves.

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