c1 202 - 85% drilling success

I found this statistic very encouraging
13 wells drilled in c1 202 - 11 flowed at commercial rates with oil upto 3450 bopd and 40 mcf gas

Good oil - valuation of gas is generally 50c per mcf ,
So the Gazelle development phase one will add 266 bcc assuming no success in deeper zones which would be worth at least 133 million on reserve confirmation and probably 266 million -350 odd as development enters production .
The exiting part is the upside of the deeper zones condor is a big additional target ( bigger then gazelle developemt itself ) so it will more thsn double reserved if succesful and the choutte exploration - well success there would see this in the 1.50- 2.50 dollar range