happy birthday nwz2, page-10

The issue with 2P in JPR case is it hasn't been proven to 1P, and as importantly it was "independently" certified by a minor player. With Jurassic it wasn't even independent but done by JPR themsleves.

Then you get on to the bigger issue of getting oil out of ground. To date JPR has failed miserably. And then be able to sell internationally.

Alot of boxes to tick, but that is where the upside is.

The extra staff is a concern. As GoodOil has said, JPR could do another CR. At the time I disagreed, but with J50 still shut in and increasing admin costs he could be proven right again.

NWZ2 long way off. Needs to start producing, then needs 90days testing, then a wait for TPL. Only outgoing costs for now.

J50 shut in. Could produce quickly once given the greenlight. But will it be in time and enough to prevent another CR?

J52, still several months of drilling/testing before TPL.