investors, page-31

Red Baron, please elaborate on your reason for this statement:

"no one is going to buy 1P reserves if the wells don't flow. In fact one of the definitions of 1P is that it has to be economically recoverable".

Please tell us why you think noone would buy a 1P reserve that isnt flowing.
Also cut and paste the link to your definition of how recoverablitity defines the 1P category.
It would be best reliable and coming from an authority and not just a cut and paste from another forum etc.

I will appreciate it as i can speak to a director about it and see where the facts lie.

However i still think you are on the wrong track with the reasons behiond these new wells being drilled. I beleive they are only for our inventory, not for market.


cheers.