Stapleman, I thought they were very encouraging.The importance...

Stapleman, I thought they were very encouraging.

The importance being that given the issues in PD-1 this time they have had cores to analyse, particularly for permeability, porosity and oil/gas saturation prior to firing the perf gun. Along with the different completion method of PD-2 it should give them the best possible ability to overcome PD-1 debris issues that were in part a result of leaking packers and secondly the techtonically induced stress failure in the formation.

I especially liked the comment at the base of the slide: " The E log, mudlog and core data are all encouraging for a strong Lower Stevens test in the PD-2"