More what does it all mean type stuff, page-10

  1. 896 Posts.
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    PJ,
    I'm attempting to keep things as simple as possible in lieu of the tight hole policy, which is a very effective one at that. No total net pay given for SNE2 apart from the confirmed 15m of productive pay. No net pay for SNE3. Net pay of 32m for SNE1.
    CN ; " We are expecting 3om of net pay across the field".
    These " expectations" were recently announced post SNE2,3. I don't think it reasonable to base this prediction on say 32m, 15m and for arguments sake, 12m net pay across the respective 3 wells. Simply put, the inference is that SNE2,3 returned similar net to SNE1. The gross oil columns were pretty much identical, I think the net pay in each well has now been implied as similar.

    GLTAH
 
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