By using simultaneous impedance inversion, we obtained P- and S-wave impedance ( and ) volumes from angle stacks at a siliciclastic turbidite oil reservoir offshore northwest Australia. The ultimate goal was to interpret these elastic variables for fluid, porosity, and mineralogy. This is why an essential part of our workflow was finding the appropriate rock-physics model based on well data. The model-corrected S-wave velocity in the wells was used as an input to impedance inversion. The inversion parameters were optimized in small vertical sections around two wells to obtain the best possible match between the seismic impedances and the upscaled impedances measured at the wells. Special attention was paid to the seismically derived ratio because we relied on this parameter for hydrocarbon identification. Even after performing crosscorrelation between the angle stacks to correct for two-way traveltime shifts to align the stacks, these stacks did not indicate a coherent amplitude variation with angle (AVA) dependence. To deal with this common problem, we corrected the mid and far stacks by using the near and ultrafar stacks as anchoring points for fitting a AVA curve. This choice allowed us to match the seismically derived ratio with that predicted by the rock-physics model in the reservoir. Finally, the rock-physics model was used to interpret these and for the fluid, porosity, and mineralogy. The new paradigm in our inversion/interpretation workflow is that the ultimate quality control of the inversion is in an accurate deterministic match between the seismically derived petrophysical variables and the corresponding upscaled depth curves at the wells. Our interpretation is very sensitive to the inversion results, especially the ratio. Despite this fact, we were able to obtain accurate estimates of porosity and clay content in the reservoir and around it.