Yes, the reply to Cato would have been from an "underling" but most likely dictated from higher up the chain. The underling is most likely the PA to a board member
The wording is pretty good and appears specific having dealt with Chinese companies over the last 5 years.
2P - proven and probable - COP and PertoChina must have a good idea on results
...and "condensate" oil 10 million tons.. - this is what KAR is looking for to fund CAPEX. Using Santos conversion calculator ( http://www.santos.com/conversion-calculator.aspx ) equates to 90 mboo @ $90*40/100 = $3240 Million KAR's share?????????
It will be interesting to see the official results
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