why would anyone want to sell?? now!, page-11

My Albion Head 1 Analysis
1.There is hydrocabon presence (good to moderate)
2.They would have some idea of reservoir quality from the drill samples.
3.I hope that Phillips determined it was not economic because of the poor seismic (and off-structure). 3D magic.
4.It was not flow tested (probably for the above reason).

Result

Current drill target
COS 17% (yes optimism from points 1-3 but experts assign the risks probably from point 4 - rate of flow, water-cut etc)