"It's worth bearing in mind that the purpose of appraisal drilling is to turn expected into proven"
Yes indeed Gilbert that is exactly what the market expects it to do
pj
ps I now see Simon Thomson comments:
"The BEL-1 appraisal results have provided definitive information confirming the northern extent of the high quality reservoirs seen in the other wells and demonstrated an increased oil column in this area of the field"
I think Simon is trying to say "better than expected", I do hope the market doesn't miss that.
Ann: Gas discovered at Bellatrix, Fourth appraisal well confirmed-FAR.AX, page-41
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