5 wells for block 105, vietnam

Neon's partner Kris Energy, announced their IPO. I read through the 200+ page document to find their take on Block 105.

After the well we are about to drill KE anticipates another 500km of 3D seismic 1/2 2014 and 4 Appraisal/Exporation wells in 2/2 2014.

Its seems a pretty bullish statement to me given any further wells are likely to be contingent on the first well results, but then they may feel they have the data to feel that confident.