The nature of oil and gas is that there is normally a aquifer...

The nature of oil and gas is that there is normally a aquifer water drive/support system. Depending on the nature of the structure and the fact we have independent columns with in a large structure there should be independent OWC for each reservoir unit. The pressure data points out roughly where this should be and how much oil is there.

One point that no one has pointed to is that the pressure data in this well may or may not match Dorado-1. Nothing is guaranteed until we get the data, the fact we have coring activities is a big plus as it provides extra data. Everything changes on each result, no OWC is a great result but one we have to wait on the D3 and maybe another campaign. An OWC would narrows the resource figures. Either way it changes the situation and progresses the geological model of the area.

I’m quietly optimistic on it, but not betting the house on it. It’s risk and reward.