new announcement, page-16

Spot on Allanh - new source kitchen equals more oil potential. F1 also likely was vertically drilled as an appraisal well rather than horizontal development well so possible higher flow rates from follow up (200-500bopd?).

EL also agree - more wells required but they are cheap and economic impact is not great - especially considering its all deductible and more metres drilled means less SRB.

Follow up locations on main volcanic reservoir, new field NSE-E, NSE-A upper volcanic production (old news), NSE-F new deeper zone 1km away, NSE-E2 recovery from deepr volcanic, NSE-G deeper potential up dip also = oil, oil, oil.

Flow rates and water cut will not be well received (due to stigma rather than basis in technical knowledge) - find me an oilfield with no water production - how many bwpd from Tui,HJV etc?

POE down 6% no surprises there.

Not long before a homerun at Bo Rang, WB Deep, NSE-G, Si Thep or elsewhere but in the meantime plenty of volatility from plenty of drilling - as long as the trend is in the right direction