Given its close proximity to Pavo North, and the similar interpretability from seismicdata, the Pavo South
structure is interpreted to havean excellent geological chance of success, with aPg of 51%. The key risk is
primarily related to oil migration from PavoNorth to Pavo South.
Better chance of success drilling this one than the last hole we put down.
Ann: Pavo Resource Estimate, page-3
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