RE:Reading operations update...Dexa didn't come in, but that's the drilling game. Lower-risk does not mean no risk. Wildcating a well has a 10-20% chance of success (COS), appraisal is around 50%, infilling around 70-80%. Dexa and Doto were both step out independent prospects to Doris. Both were going to be around a 50% COS. If anyone thought otherwise then they need to understand that "relative" in this business is 50/50 not 80%+. Doto looks like it could come in, flow tests still need to confirm this, and Dexa didn't. It's the nature of this business regardless of who is running any energy company or their exploration department. As for Doto - What's the issue? Two formations (Cretaceous and Jurassic) are going to be tested for oil and another formation (Tasaran) will be tested for natural gas. Pre-drill estimates for just the Cretaceous and Jurassic formations was a combined 23 mmbo recoverable (2P reserves). It's already been documented that Cretaceous sands are not as good in quality as they are in Doris and this should bring down the quantity of any potential reserves, on a reserves per net payzone thickness unit, in this formation in Doto. But we still have no idea on the net payzone thickness. Doris Cretaceous sands are only 6 m thick, so any Cretaceous net payzone at Doto that is thicker than that would make up for potential lost reserves from the poorer quality sands. Any gas reserves from the Tasaran sands would also help make up any potential loss of Cretaceous reserves as the Tasaran sands, like the Triassic formation, never had any pre-drill reserves attached to it. So Doto still has a decent chance of getting to its pre-drill estimate of around 23 mmbo 2P reserves. Even without Dexa coming though, it would still be a prospect on the Kalypso scale (25mm+ mmboe) and almost double TPL's current 2P reserves. How wouldn't doubling current 2P reveres that be a great value adder to the company? Kalypso mid-Dec testing is old news. It's already been stated in past NRs. It would have been nice to see some shallow gas drilling before year end, but at least they gave some insight on the fact that those 4 wells tested dry gas at a combined rate of 5,317 boed. Now they would come on production at those rates, maybe produced at 1/2 that rate, but it shows a doubling of gas volumes behind pipe at no risk. That's something most people don't know.