pb#2 summary report 14apr09, page-8

I thought the report was great..irrational sell off in my opinion..more gas present than in PB1 and even then likely to be affected by mud weight.

Mud weight is absolutely critical and cannot be underestimated..there is a whole science around "underbalanced" drilling (means drilling with less mud weight) and huge oil and gas fields have been missed first time around only to be discovered when drilled underbalanced the second time around...Hess oil in Thailand is a perfect example of this.