Take your pick! Magpie's II's playing games with the SP or EL"s II's not impressed because the upgrade is relying on seismics. For mine, the main thing is that the 489bscf of gas and 56.8 mmbbls condensate are still prospective figures so its a waiting game until 2018 when the drillbit will hopefully convert the numbers into contingents. All the same, its still a good update and I note the COS is 71% for PS3.
Then, and as has already been stated in other posts this morning, there is Dorado next!
Ann: Phoenix South Volume Upgrade, page-17
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