Ann: Dorado Contingent Resources, page-65

The gas has to be mostly Baxter because all the others tested oil and you don't get gas below oil. But if you do the sums on what they released about the Baxter, the entire structure would basically have to be full to spill in the Baxter but nowhere near full in the three oil formations to get those numbers.

That's why I say they seem to be assigning a lot of associated gas to the oil legs. Which is fine, there's no such thing as too much when it comes to hydrocarbons. But I would rather have seen more oil.

You can bet Quadrant will be fast-tracking the appraisal drilling. They will try and find those oil-water contacts and get a narrower range of numbers.