"In the past we managed to get out 20% to 30%," Lord Browne...

"In the past we managed to get out 20% to 30%," Lord Browne said. "At the moment it's maybe 40% to 45%. I can see no reason why we could not reach 50% or 60%."

It is obvious where all the good geos have gone.

With Ching, Woodside have managed barely 3 months full production from a 123 million barrel reservior and have taken 2 years to work out how to extract 30 million barrels from a 1 billion barrel reservior ie: Tiof.

Well done chaps.