The Australia-listed company on Thursday reported a revised best estimate contingent resource of 135 million barrels of oil for the structure – almost double the previous estimate of 73 million barrels.
The new data indicated that the reservoir encountered in the Kangaroo-1 well, drilled at the start of this year, had better than previously estimated permeability, resulting in an increased net-to-gross ratio through the Kangaroo-1 reservoir section.
The
