announcement out, page-34

Anon,

No - I'm taking "OIL FLOW LIKELY" personally, and given the state of the current SP the market agrees with me.

So while I think it's great you're 100% confident of flowing 500-1000bopd, I might point out that the core report relied on the caveat that saturation is 100%. If saturation is less than about 60%, oil will still show up in the core but when you try to flow it you will get 500-1000 bpd of water.

I think it's looking fairly promising, keeping in mind previous instances where it also looked promising and failed to deliver - but if you think this is guaranteed 500-plus bopd then you are IMO either misinformed or wilfully in denial.

Yatchy said it best when he said that will only be guaranteed after a month-long production test - and that's when I'll call it a success! In fact if saturation is fine, and the core analysis was correct, the lateral should increase flow well beyond 500-1000.