4.8 mmbbls for HZN 2C contingent on WZ 12-8E assuming 20% recovery factor and allowing 51% CNOOC opt in so (20%/28%)*4.8 mmbbls = 3.3 mmbls, lets halve that based on prudence = ~1.6 mmboe.
As per (Slide 15):
http://www.asx.com.au/asxpdf/20130731/pdf/42hc7hb48mry07.pdf
4.8 mmbbls for HZN 2C contingent on WZ 12-8E assuming 20%...
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