LSE tonight, page-6749

" the last CR gave away some serious uncertainty regarding the IW2's success outcome"

I agree Lucky but then this has been flagged by management all the way down the lineas regards risk Vs rewaed which some have not understood.

The ratio in this regard has always been strongly shifted to the "potential" side of the ledger due to the resource size.

Perhaps this has not necessarily been the most prudent assessment of this play. But only time will tell if the case as we are yet to see what the shut-in and soak might achieve. Both shale techniques that have had positive results in the last decade and have become almost common place nowadays.

And as I keep stating this is not a horizontal production well we are dealing with its an exploratory test well that is to be used as a test flow rate well IF it the rocks end up showing that they can expel the hydrocarbons.

d.