Hyperdynamics Corp (HDYNQ)

[StocksR4Me]

Typically, I use round numbers for the P50 amounts which for the 2 wells are 250m for the first well and 400m for the second or 650m combined. With a little luck, something closer to the P90 numbers could be found giving us 1billion+.

Unfortunately, the actual PR will probably only give net feet of pay from each zone or a combined amount for all zones and the type or quality of oil found. They aren't doing flow testing but they can obtain a lot of information from todays logging and sensors.

Not being an oil man myself and for the public at large, I hope they are at least clear enough to say whether the well is commercial up front - hopefully in the headline.