long tom upside or why you'd keep 100%

Was going to post this on the end of the current threads but thought it might warrant its own:

If you go back over some of the industry/broker research from 2006/2007 you'll find a fair bit of info on Longtom re flow rates/geography etc.

Having done the same over the last few weeks what caught my eye wasn't the confidence from all re project risk including the flow rates haasko seems concerned about but the upside that some including Euroz (March 2006) alluded to based on, it would appear, hard research I presume from the Co:

"Nexus have identified appraised reservoir sands in the LT structure with the potential to TRIPLE the 316bcf recoverable (2P) certified by CGA."

May need another well some years into production I presume targeting the upper sands but if ever there was justification for tieing in Longtom 5 a tripling might do it.

Haven't found anything in my substantial files (apporox 2inches thick) that indicates anything since then that this upside that IT has previously alluded to isn't still "in play".

Gives you a fair idea why the whole AED thing fell over.
And would indicate why theres an add on market rate for gas over and above the original contract Q/rate.