Ann: Preliminary Final Report & Full Year Statuto, page-2

re: Ann: Preliminary Final Report & Full Year... Reads pretty well,methinks. You will need a few more patience pills along the way though.
The standout is certainly Phoenix but the composition of the Thai reserves is quite dramatic if you have a view that a "cure" is possible for the V assets.
L33/43-the great white hope.It represents 67% of the Thai oil-in-ground assets,and it has had only 6 drills so far. It represents 2.5 of Chapmans 3.5mbbl in the Proven category,8.8 of 12.2mbbl in the Proven plus Probable category and a whopping 22.6mbbl of the 33.5m bbl total Proven plus Probable plus Possible category.
Drilling gets underway in L33 at the end of 2013,with $1.4mUS of 3D seismic (the data that you dont pay for-it costs unless you are serious about success and have done the Exploration wells that strongly suggest a good outcome from the mounting outlay.
A high percentage of the 33.5m bbl is Volcanic oil .Heres to the start of a new Volcanic era,soon, and to a string of 500 bopd prospects and being able to stay away from the coke bottle situations.
Towngas must be happy to restart a serious V programme at this stage of things,you would think.