Perhaps no accident they have put 8.5c on the sp given the...

Perhaps no accident they have put 8.5c on the sp given the previous high and hence resistance.

Also interesting they have added $10bbl to the BE cost. I gather all this will be a little moot if they (88e/Bex) manage to bring on board a big player for the horizontal/pilot field program.

We may still have to wear a bit more dilution, hopefully at around 8c, for the horizontal tho.

Then again, I wonder how much of that contingency might cover a horizontal. Probably also c funding for one or two conventional well drillings in 2018.

Of course Ice 2/3 horizontal all dependant on goodly flow rate from this hybrid play.

d.

Logic will get U from A to B, imagination will takeU everywhere.