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Saturday, April 03, 2021 3:19:45 PM
1) https://www.oilandgastoday.com.au/88-energy-upgrades-net-pay-from-charlie-1-well-confirms-large-oil-discovery/
2) RE: Merlin-1 IF they found 800MM bbls / 2 = 400mm bbls x $4.00-$5.00 (High Quality Condensate Oil) / 12.1 billion = $0.13 per share
3) more wells to drill that are already confirmed to have oil reservoirs, it's just a matter of how large the reservoirs are and achievable flow rates
4) "The reservoir quality is clearly evident to be higher away from the Charlie-1 location, both updip and downdip."
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