ann out, page-40

Paprika,

Been reading across your posts in TTE about the potential for the high impacts to contain 75-200 million barrels per prospect. I don't think that is accurate. I'm pretty sure they said that historically in the Gulf Coast history if oils are found in overhangs they are capable of generating anywhere from 75-200mil+ barrels of new reserves (per dome). 5-10mil barrels of 1P per successful prospect have been mentioned as a rough example. That is still very substantial nevertheless. Applying a 10% success rate we could see our 1P reserves double with the high impacts.

Just hope we're not going to find a whole heap of water from our high impacts. TTE's initial production have 75% water, the market wasn't too impressed. At 400barrels liquid per day if the oil ratio improves its game on!