AUSTRALIA

Linc's Arckaringa quest gets context

LINC Energy will have another talking point in its sale pitch as it tries to find a buyer for its Arckaringa shale assets, with two independent reports putting the unrisked prospective resources of the basin at 103 billion to 233 billion barrels of oil equivalent.

James McGrath

The low case came from DeGolyer and MacNaughton while the 233Bboe estimate came from Gustavson Associates, with consensus in both reports that the Stuart Range formation and the underlying Boorthanna and...

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