hi CCU've covered all the aspects here. I'd focus on the P50...

hi CC

U've covered all the aspects here. I'd focus on the P50 resource estimate for now, its a mid-estimate (or best case). The multiples u've used are in line with base case valuations, 50c/GJ or 2.50/bbl, doesn't really matter if u use either, as long as u convert the bcf to PJ of mmboe first. Note these 2 multiples are conservative & recent transactions r much higher (NXS-AED LT bid, WPL-ORG otway sale last month or any old CSG metric, I've left a table on the AOE thread in Sept for CSG sector).

Reason why a higher POS could b used for Cornea, is that its a known discovery, where multiple wells have been drilled to prove its extent by the previous operators (think it was Shell in 1997 who did the discvry).

Do drop the contents in a table, reduce the size so that it fits on the screen & then crop that image onto photobucket (free website) & then upload the link to HC. Saves a lot of time.

Was researching George Soros's (Quantum funds) last nite & found that he's got a big-foot in Petrobras in recent months & has reduced his holding out of Hess & COP last year. I wonder if thats the new wave about to hit our Shelf. I dont know, so will have to wait till after 1212 to find out. Mayb Jurgen's got something up his sleeve.

Perhaps somebody could look at PBR's website (has an page in English for shareholders, AGM preso's, email addresses etc.)

cheers