re: Ann: Pateke-4H Drilling Update as at 29 A... looks very positive with comments like " In line with pre-drill estimates". this will add 2-4 million barrels to Tui with production if successful in 2015.
To PPP this will add 300k to 500k barrels of oil revenue.
This was a relatively low risk drill, and these numbers were expected.
OI will be very interesting for they are expecting there to be around the 15 million barrels, and the risk factor is not great.
For PPP, and if they actually are successful at OI, the revenue will be what they have received from TUI and some.
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