Getit -I see you continue to post without following Palms link. Why? You need to look at the reservoir report . Something Botten
can not distort . Please do not post again about this until you follow the link to the Nerthland Sewell asset report for Dec 2013 .
Thanks. It's there black and white
Here's Palms post
On OSH's website under Reserves and Resources, they make this statement: "All oil fields were audited at the end of 2012 by independent auditors, Netherland Sewell & Associates, Inc. (NSAI). No fields were audited in 2013 as performance during the year was closely in line with expectations. Field performance will be monitored in order to determine whether a further audit of any of the fields is justified in 2014. Gas reserves are subject to audit under instruction from the PNG LNG Project operator, ExxonMobil PNG Limited."
So nothing was done at P'nyang of any significance in 2013 except seismic work which being analysed. At the end of 2012 P'nyang was lumped together with Other PNG licenses outside of those dedicated to PNG LNG and showed no change; certainly no 2.5 to 3 TCFs attributable to P'nyang as it would have been listed by itself most likely.
IOC has said from time to time they "estimate" or "think" they have a certain amount of Ts, but we know that counts for nada. As does (or should) P'nyang for OSH. They officially have ZERO Ts based on info filed with ASX. Unless someone can find something differently.