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Ann: Contingent & Prospective Recoverable Resources Update, page-3

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  1. 1,863 Posts.
    Nothing will be the clincher until wells are flow tested. No cornerstone investor or farm-in partner is interested in whether the prospective potential or contingent resources keep getting bigger or not. Its all part of the game in gas and oil exploration

    What is required to attract a cornerstone investor or farm-in partner is commercial flow rates for sustained lengths of time.

    2D, 3D Seismic is only a rough guide. Management in my opinion work on the theory that BS baffles brains.

    I don't expect any flow tests done in the near or mid term future. Management do not know whether any wells will flow commercially or not. You only know after a complete flow test


    .
 
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