No hope for BRU, page-16

Bhutos is partly right.

After OBL win the SAT hearing

OBL will end up net 75%with 14 Tcf P50 (same basis as BRU)

Post a Farmout of OBLs selection/choice

OBL will end up net 37.5% with 7 Tcf P50 (same basis as BRU) - but hey Fully Funded

On the comparison Means its even more telling.

BRU/Mitsubishi over the 5 state agreement permits have gross 86 Tcf and 2.5 Bn bbls

BRU with net 50% has a net Mean 43 Tcf and 1.25 Bn bbls over circa 14000 sqkm

On the other hand, the Derby Block with mapped economic resources by 3D-Geo has a gross Mean 32 Tcf and 0.8 Bn bbls over circa 5000 sqkm (less the water area within the King Sound)

You do the maths. But net 37.5% - circa 10.6 Tcf aint shabby (post Farmout)