Hi Vince
I think deus is talking about the rf recovery factor, how much of the oil in place is recoverable in total, not the rate per se, typical Cuban is based on 5pc, if as you say the rate is also enhancef due low viscosity and higher api, it will flow faster and give a larger overall 'reserve' if we can recover 10pc of the oil everything doubles.. I think McDaniels might stick with 5pc for now till more data comes in.
But to my mind it can only go up from 5 so the upside is not in the Sp currently.
Cheers tc.
PS I know you probably know all this but thought it might help others
Ann: Notification regarding unquoted securities - MAY, page-197
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