block 31 resource estimate

While we are pondering the outcome of the upcoming drilling, it might be interesting to discuss how much oil JPR are actually targeting in Block 31

COE put out an interesting educational preso today on resources/reserves classification.

http://www.cooperenergy.com.au/company/mmedia/Good%20Oil%20Conference%202009%20Reserves%20Presentation%20SLIDES.pdf

Well worth a read and demonstrates how lack of details in resource estimates can be very misleading to investors.

JPR have given us estimated recoverable resources for the various targets but no info on the "classification" for those estimates, ie, P10-P50-P90 or Mean.

Going by GG's previous form, I'm guessing the reluctance to publish the resource estimates "classification" is probably due to them promoting the P10 number to heighten investors expectations.

As the COE preso explains, P50 is the correct number to use.

Interested to hear other opinions