just looking through the AGM preso again, the production profile...

just looking through the AGM preso again, the production profile towards the back of the pack makes for interesting reading. In the first 12 months of Production (From June 07) they expect to produce ~ 10M bbls. Based on current oil prices, a small premium for Tapis oil and the fact that they have a small portion of their prodn fixed, then I expect EPS should be around $3.20 in that first twelve months.

Once we get the additional reserves confirmed in a few weeks time which will substantially increase the longevity of this field then we've got to be in for a major re rating

Z