Hi Murphy no your right it's completely different and only...

Hi Murphy no your right it's completely different and only a minor player but 20% was a lot for a small oil and gas company except that every exploration well is or has an art of luck or of interpretation to the seismic and geology etc and even something like iron bark where your BHP's have bought in and think something big is there can turn up a duster.

However I get the picture on Borba they drilled Dempsey already they know the rock formations they've moved down to what is interpreted as a sweet spot. It looks good with a high reward to risk ratio if successful imo and run by industry veterans. Also the whole buying cheap oil fields and moving to be a oil producer should work out in the next quarters so that any downside risk from drilling is mitigated to my mind management has thought and tried to cover all bases.