Ann: AGM Presentation , page-6

Seems it's all about the metrics and the doubt surrounding 'cracking the nut' of acquiring optimal flow of liquids. I think I've stated in the past that each reservoir has it's own characteristics and it does take time to optimise the fracking techniques. I guess MPO received a re-rating on that basis, whether it's justified to associate 1 uneconomic well with the whole area remains to be seen but the market will always sell first and ask questions later.

Not done yet but not looking as rosy either. I guess this is where we will see whether our technical team has the credentials to 'crack the nut'.

Good luck all