conventional oil window

Hi Anatol

I'm not an oil guy but I appreciate your passionate coverage of the canning basin
Just wondering what your thoughts are about BRU's announcement regarding ungani.1/6/12

The Ungani-1/ST1 well has commenced producing oil into the facilities, and initial test rates
are very encouraging, with rates in excess of 2,000 bopd being obtained. The well will now
be produced at varying rates to allow estimates of longer term sustainable flow rates and
reservoir productivity, and to establish flowing parameters through the EPT facility.
The EPT facility has been designed with the capacity for a maximum sustained production
rate of 1,000 bopd. The technical requirements of the data gathering and testing program
(including a number of shut-in periods for pressure buildups), and initial limitations on the
transport system, means that production will initially be constrained to an overall average of
some 400 bopd. The produced oil, which is of very high quality, will be trucked to the BP
refinery at Kwinana where it will be refined for domestic consumption in Western Australia.

Is the initial 2000 BOPD figure a good, bad or irrelevent result for REY? As it seems to come from the centre of the same conventional oil window (from your earlier post) that REY's tenements mostly cover. Is this the main resource or is there additional deeper targets?

Any other posters with an understanding of the geology are welcome to answer as Anatol more than carries his weight on this thread.