Looks like Ted is proving up a rather large oil field here and there are already oil shows at the northern most hole in the aprasial area.
If the results from L44-H hole are good, then we will be looking at a significant reserves upgrade.
Also, dont forget the last reserves estimate earlier this year was very very conservative and should be significantly better when re-calculated at the end of 2007.
All good from here IMO
poe update very nice, page-6
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