Ann: Increased Oil Production in Catahoula Lake , page-23

re: Ann: PYM: Increased Oil Production in Cat... we are seeing a huge rerating of the Aussie Oilers in US particularly at the spec end

SSN 1c low 6.2c current = 6x uplift
GGE 0.004c low 1.8c current = 4.5x uplift
VIL 0.005c low current 2c (high of 9.5c) = 4x uplift

FUT is at rock bottom and as more wells are drilled should at least see a 2x-3x uplift