Some basic oil in place figures, page-92

Hi

I probably know a bit more about conventional than unconventional and that is not a great deal.
With conventional things move from prospective to contingent to recoverable, through exploration and appraisal drilling.
So my interest is at what point in uncocnventional do things move from prospective to either contingent or recoverable. In particular whether the data from Ice 1 will move the next IRR from prospective. I know from a previous investor presentation that a development plan of sorts is in place, but nto much is said about how we transit to a recoverable volume other than Ice 1, Ice 2 and the seismic. In other words if Ice2 and the seismic come up trumps do we get a 2p and DOC at that stage and bang. I think not at that stage. So next question is will Ice 2 be used for exploitation.
So is the plan to exploit appraisal wells as things progress.
Hopefully the up coming IRR will shed some light on this.

BTW Donum my conservatine basic estimate had a plus qualifier. I'm confident there is plenty of OIP. How much is recoverable at commercial rates is as you know what counts.

IMO DYOR etc