Hey gump,
If I may answer for tchauncy.....
I believe the Aussie govt sold prospectors a bill of goods in claiming that there were hydrocarbons on the outer-lying PELs. That was #1.
#2 are the outright lies of geologists claiming that there's P90, P10....whatever Probability you can assign to an acreage as to recoverables.
Horse- do-do.
Look at a map of where all the others are drilling, where they're striking oil and whether it's Birkhead, Namur ....etc......
This is basically finito.
Oh, yeah, almost forgot.....the guys at Claren are totally mum about this, and they were the ones who ACTUALLY pushed things along
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