something brewing, page-35

Trojan1,
I don't want to burst your bubble, but the reserves, when announced, will only deal with the immediate area around Surprise IMO. I expect that it will talk about the PROVEN (P1) and possibly make a stab at the PROBABLE (P2) ..... and it will only relate to the CONVENTIONAL oil reserves.

We may have squillions more in the Horn Valley Siltstone, but I don,t see them making any statement re: reserves on that .... much more drilling required to make a reserves estimate on the UNCONVENTIONALS ....

So my guess ... 2-4 mmbo P1 ( PROVEN) recoverable and ~6-10 mmbo P2 (PROBABLE) recoverable ...

I don't think we can ask for more ..... and my guesstimates would/should be very good news if they materialise at this stage .....

There's much more there, but more drilling in both conventional and unconventional sands to prove it up .....