october, page-12

Sorry if i got the wires crossed there newtothegame. If we accept that 15% recovery is valid for chemical recovery then the original oil in place figure is key. Does anyone know this figure accurately for the shannon res at ash creek ? Can we be confident in 21mmbbls as the figure for original oil in place in the shannon?

Is profitability going to be in question assuming oil remains around the US$100 value or is more whether or not the reservoir is suitable for this type of flood?

Can we imply profitability simply because the study has been commissioned to experts by experts?

Just asking out loud the questions floating around inside my head ...