update nov., page-2

Just a small part of Ann to ponder over the implications. There are many others.
* The oil column in Snatcher-3 is in two discrete sand bodies, the uppermost of which is not developed in the offset wells. This new sand provides further exploration objectives. The net oil column in Snatcher-3 refers only to the main channel sand.
** LKO is Lowest Known Oil. The oil column in Snatcher-3 sits above impermeable section which should act as a barrier to early water production.
Pressure information obtained in both Snatcher-1 and Snatcher-2 indicate that there has been minor pressure depletion of the Birkhead reservoir by production from the adjacent Charo Oil Field which has been on production since mid 2008. Snatcher-3 reservoir pressures are less depleted.