Just as a matter of interest how much oil could be in this basin.
If PS1 has 300 million and Roc is bigger lets say 500 million plus does anyone know what the Phoenix well drilled by BP might hold if it contained oil and not gas - assuming 200 million then could we be looking at over 1 billion barrels all up. Is this a possibility.
Note my figures are highly speculative - but as the share price slides I'm trying to remind myself of the potential size of Carnarvon assets and to stay strong![]()
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