risk grade at this stage, page-2

I'll have a crack at it for you sting1.

Risk...as I have said before the risk in my opinion is almost gone.

We know the Gas is there...logging confirms what BP found back in the 80's. Perforation of the pay zone any day now with the possibility of some fraccing. The next announcement we would want to see are the flow test rates.

Time Frame...for Brian No 1 probably a matter of a day or two and we'll know the results.

SP after results come in for Brian No 1
Worst = 0.004 - 0.006 cents (5% chance)
Realistic = 2.5 - 3.5 cents (85% chance)
WOW = anywhere north of 5 cents (10% chance)

If your in it for a ST play and just see yourself out on the results of Brian No 1 then you will do well IMO.

If you stick around for subsequent drilling of Brian No 2 and the rest of Atocha then absolutely anything is possible. The company has already detailed that Brian No 2 is located in an even more prospective area.

Fingers crossed and good luck