Ann: Alameda 1 Independent Resources Assessment (Alameda Res), page-72

Rivermore,

I’m just as confident as you on this. Unfortunately there is more information required before the figures at hand will and can improve.

With these figures being conservative it’s a robust development proposition regardless. I think recoveries at 10-15% are likely which sees reserves likely double or triple.

Hopefully we get a presentation from the company shortly to map out the full plans and the breakdown of the prospects as the subsurface has changed drastically. I do remember looking at the released seismic when the company first picked up the blocks and I could see the potential that has just been proven.