There are assumptions in what they have stated .I don't think...

There are assumptions in what they have stated .
I don't think they have yet definitively located the oil / water contact .
Until they do the size of the oil pool is not well determined .
However there is both good news and bad from this well .

The near term cash flow they expected from this well won't come without spending more on a up dip side track .
They were a bit ambitious in how far they reached away from the first wells penetration of the reservoir .
I wonder if they will slot in the side track before the exploration gas well ?
The problem as always is they don't have a strong balance sheet or at this stage much free cash flow , so any major problem is hard to resolve without getting more support from loans or their share holders .