The difference in T count explained by Citi

[jft310]

Digger poster/ found the below info and posted on another thread , I am giving this post its due . Exactly what I have said for years , no credit without s well drilled.

I found these notes on p.12 of the citi report from October noteworthy:

The 5.4Tcfe OSH estimate did not assume gas in flanks of structure: We

understand that the key difference between the 5.4Tcfe 2C reported by OSH and

the 7.1Tcfe 2C reported by InterOil from auditor GCA was due to OSH not

including gas in the southern flank of the Antelope structure, despite being

mapped on seismic as above the gas-water contact. Drilling of Antelope-4 has

demonstrated the extension of gas into the southern flank, and from discussions

with OSH we understand its view on resource has subsequently increased

towards IOC estimates.

We also understand that volumes from the Elk field, adjacent to Antelope, are not

included in the recent GCA 7.1Tcfe 2C Contingent Resource estimate for Antelope,

but could contribute up to 300+Bcf gross to certified reserves.