AustinNZ, you are correct there. One drill can not prove up the...

AustinNZ, you are correct there. One drill can not prove up the unrisked SP.

Pretty sure the 20.3 Tcf is over two targets Artemis East and West and the unrisked price takes into account both. so both would have to be proven up.

The was a good thread on this subject a while back, but i don't have the time at the minute to find it and post a link.

The figures also do not take in the extra $32 million cash after the first hole if Petrobras decide to continue.