Ann: Welchau-1 Discovery Well Update with Data Analysis, page-21

Thanks, I have wondered if the desire to go deeper is good or bad indicating they think existing intervals are assessed as inadequate. Certainly the existence of a seal was a strong positive and the suggestion of 800bcf in Central Europe is very tantalising. I hold a significant stash here, my intention is to increase it before the October re entry. I expect May to re rate then I can divert more capital here. IYV is it likely they have proven that Welchau is contiguous with Molln.? If so it may well mean more than 800bcf. The number 1 question I have of you is, do you think the limited log data sufficiently supports the success case? Obviously flow testing is the final arbiter but by then the leverage will be vastly reduced.