Thank you for zoning in this very interesting slide. We were invested in Selan before Antelopus, so I happened have many investor presentations, including 2P of Selan’s portfolio before Antelopus. I opened one of them to see what the 2P numbers were on Bakhrol oilfield presented by Selan before Antelopus took over. I was curious because those numbers, I recalled from memory, were much hgher than the 1.77 mmbls above.
Can I ask you to take a guess on what they were? Were they higher or lower? If so, by what degree?
Some other points to note are that (a) currently Selan has performing wells, Antelopus portfolio does not, (b) we do not know the economics of drilling these new potential but unproducing wells whereas Selan was making good money; the Capex, PSCs and management plans (c) adding up 2P of Oil / Gas reserves and comparing the ratios of pre / post Antelopus Selan is quite erroneous, if you think about it.
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