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In creaming the curve I believe they will opt for the least cost/risk way of maximising the value - as long as the trade-off is justifiable. Those at the AGM with better memories than I may be able to confirm, but I seem to recall DW talking about a minimum appraisal/delineation programme consisting of 3-4 wells delineating the HRZ on the eastern flank, the mid western flank and the far western flank. The location of those wells to also test a couple of potentially high value conventional prospects on the way to the HRZ.

So, unless my memory has done me a disservice, the company's thinking may have moved on a bit since the London presso - at least in terms of appraisal strategies. Or DW may have just been canvassing one of many options under consideration.

But the lower cost approach does seem to open the door to self funding as an alternative option to farm-out, if everything falls in place.

Either way, we have to first successfully get past 2v.