baron oil plc said tuesday that a competent persons report for the chuditch1 gas discovery offshore east timor shows the project is likely to be economically viable the londonlisted oil and gas companywhich has a 75 operated effective interest in chuditchsaid the report estimates chuditch1 contains 1084 billion standard cubic feet of gas the report also attributed aggregated gross prospective gas resources 1562 billion standard cubic feet of gas to the license the company said the assignment of contingent resources to the chuditch1 discovery sets the foundation for the next stage of the project cycle and management believes the contingent resources are likely to be large enough to be economically viable to be developed standalone or together with other developments in the region our focus now is on assessing the viability of drilling for both a chuditch appraisal well in timorleste and a dunrobin west exploration well in the uk technical director jon ford said