junior oilers 18/19 january, page-18

re: junior oilers .. for joker1 Oilers,

With there only being a 2d seismic conducted on TL I have a few questions,

1. The anomaly they see on the seismic has given them an indication there is something down there, How clear is it to differentiate between - Gas - Oil - water. I believe you could have a large anomaly and it could all be or a large part of it gas??? Am I barking up the wrong tree?

2. Can they tell by the approximate source rock what type of product it may be, do some produce gas or oil or both??

3. If all the partners are getting excited by this prospect, why have they not shot 3d seismic on it?

4. Could this be interlinked with CH (which I think has been mentioned) and perhaps be the feedstock for is it in a separated fault that would not allow flow.

Jocam9 - I hear your point about the risk, as you mentioned it is a point of personal risk profile. It would make it easier if we new a risk percentage of the well and all the factors. Bu I guess as you said, if this was the case you would be in Majorca.

Good luck to all.