"As for exploration, if the seismic indicates less than acceptable potential reserves, the exploration of these prospects is unlikely to occur unless tied to maintaining the concession or defaulting on the exploration agreement. A good example of this is the JDZ where seismic excited the industry with all the indicators of hydrocarbons. But then the reality set in where the probable field size was ranging from 5 to 50 million BOE which was later confirmed by a discovery."
Read more... your remarks about the JDZ are addressed.