i think ADI recently was talking 17% but i know a lot of operators are thinking around the 25%. weber/kuwati oil in dewitt claimed to be expecting those figures..
i was told that the COP had expectations of 5-10 BCF on these wells, which is possibly why they are about to commence their exploration program in 2010. the condensate ratio is way superior to anything seen in other regions.. the local talk is that many rigs are understood to be coming in january 2010, up until yesterday it was just local talk, now that conoco have announced their intentions in 2010 it really beyond doubt.
ADI Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held