Also two more things for the interests of completion. Extrapolating from my square metre analogy, if we are going to be extremely specific, we would have to work out how much of the permit is void due to Seaclem, then find the sqm of voided permit to add to our calculations. For the sake of sanity im not going to try to do that. Also, that 79% comes from a study on many holes drilled, which isn't necessarily directly relatable to PEP-11 as some of those holes in that study, that were drilled, were subsequent to already finding oil. It is easier to drill subsequent holes after finding oil due to knowing where the oil is, within the permit (not mutually exclusive, some holes have a higher chance than others by eliminating certain areas of the permit).
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