reservations required, page-2

SF,

Terrific Post.

"Firstly, it appears the 2P reserves have dipped considerably since 2007. Who was it that said something about quiet downgrades? Anyway, this could be because of slips in the oil price and marginalising some of the 2P.

> Come to mention that, I do remember DC-10 at the AGM making a comment about how there were actually 2P DOWNGRADES in QLD. I can't remember, but DC may have given one of his trademark smirks in the direction of the Santos boys in the front row.

Yaq