Its plan to see that Phil hasn't over hyped this announcement....

Its plan to see that Phil hasn't over hyped this announcement. There is still plenty of information about paca2 to come. But what we have been told is great. We have an additional 2 oil bearing zones compared with paca1, with the oil zones having better porosity than paca1. This should lift the reserves my at least 250% and the well will flow like a river.

Flow testing will commence once the drilling rig has performed a well for a third party, so my guess is a couple of months before we flow test Paca2, thats when the real action will take place. That is the only thing that i can think of that would keep the shareprice at current levels. People are just impatience and arent prepared to wait. With news on 430 must probably coming in the not to distant future, this strategy of impatience might bite traders on the bum