Recovery can have a large impact on reserves, but given the...

Recovery can have a large impact on reserves, but given the known good quality reservoirs and the flow at Roc it was pretty well known the parameters. This is constrained flow which is as good as it gets with the equipment, the Caley is the big one so flow there is important. Gas oil composition also is, I wouldn’t be surprised if we get +8000bopd and 5mmcf of gas.

After talking to Adrian at the proactive investor meeting he would like to get the development concept done (feed), get a decision on commercials and get back to exploration. The Baxter results will give certainty to a full field development for the gas component and liquids stripping. The big value driver in oil and gas is exploration as it results in discoveries that eventually provide cash flow. So far canarvon has more then proven itself at this.