winchester wrap - not dead only buried (deeper, page-6

Sle - back in 2008 AWE put probability of geological success for F sand at 0.07; North Cape sand 0.09. They walked away from Matuku stating that closure was the key risk. This due to the sensitivity to depth conversion, also North Cape shale was seen as a potential barrier to charge into the F sand. Actual breakdown of uncertainties for F sand was structure 0.3, reservoir 0.6, charge 0.5, seal 0.8. Since then OMV have got into the action and done a lot more work. You can see my personal take on the new numbers elsewhere on this thread. Best guess therefore is that OMV will have their COS somewhere between AWE and mine.