WGO 0.00% 35.5¢ warrego energy limited

Ann: WE-4 Flow Test, page-194

  1. 2,629 Posts.
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    Gimo

    I have spent some further time thinking on this and I am sorry for the delayed response. Still working to put food on the table as well.

    The WE2 data is obviously relevant but as I said earlier, the next set of data could always shift the thinking. My comment about Jaws was trying, badly to explain that.

    The GWC could alter over short intervals, where faulting separates different blocks. Pressure data could assist in unravelling that, but this obviously is not available for us shareholders.

    The WE5 testing will assist in gaining more data and a solution may be apparent, or maybe not.

    I do know that NSAI will review all the data and opine on these details, in an independent fashion. They will give us all the numbers we crave and allow us to work out how much these things are worth. I am expecting reserve numbers to fall between the two current interpretations in the Kingia.

    That's it from me on this issue.

    Cheers, AL
 
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