Brett,
I am a little wary of the Tricom reports, there have historically been projecting considerably better than IPM have managed to achieve. They have probably got a bit more cautious, so maybe about right now? still prefer to see a Euroz (with excessive conservatism) at 141 than a Tricom at 170.
As for the USR program, perhaps in a year or so they will come forward with a new approach, possibly including some new wells - I don't see these guys being beaten buy the reservoir that easily.
EL
IPM
incremental petroleum limited
why so cheap, page-17
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