up 40percent, page-18

Thanks Frosty.
Yes I think the info is there for those who care to read the announcements.
While we should recognise that comment about the oil/water contact is important it does not necessarily mean that it is all bad news.

You would certainly prefer to have less water in a reservoir than more but the commerciablity of a well depends on the flow rate of the oil in comparison with how much water you might have to cope with in the process, or at least as I understand it.

At the moment we know that Jumonville #1 is delivering oil and gas with NO water from the top 10 feet of the reservoir (at least according to an earlier progress announcement)
The longer it does that the greater the profitability of the well IMHO.
When they can determine what level of nett pay (depth of oil bearing sands before any OWC then they can give us an estimate on the amount of oil likely to be recovered = reserves estimate for the Miogyp.

That is why they are using Acosta#1 to help them determine the OWC there and that gives them a guide for the whole Miogyp field