dragon oil, page-15

Fantastic how much of where "Cooper/Dragon/Jacka" hold the Bargou Exploration Permit holds to established infrastructurein the Gulf of Hamammet.

Anyways just readings from Coopers Fracture Characterisation Studies carried out at Hammamet West ANTICLINE mound covering by 205km2 in 2010 and thereafter...

80 fold high resolution 3D seismic, acquired in 2009 - 2010
- Following initial Pre-stack Time Migration (“PSTM”) processing, a Pre-stack Depth Migration (“PSDM”) processing was carried out to improve subsurface depth mapping, and mitigate the effects of signal attenuation and ray path distortion resulting from shallow structuration and velocity inversions within the section

Substantial effort has been applied to understand the chalky
mudstone of the Abiod Formation. Observations
made on previous welltests indicate that when fractured very
high production rates can be acheived (as seen in the nearby
analogous Maamoura and Sidi El Kilani fields).
- A fracture characterisation study has determined
fracture orientations from image logs in the Abiod
Formation at Hammamet West and nearby Jaafar-1 well
- The study confirmed that the Abiod Formation is indeed fractured at the Hammamet West Field. Attribute
analysis of the 3D PSDM seismic has confirmed the
distribution and orientation of fractures within
the Abiod Formation.

If all goes to plan with discoveies?, the size of the find could well exceed the prediction of 30 - 200 million barrels of Oil. But for now lets wait on first well flows.

And how much bigger is the Hamammet West field compared to the adjacent 12 km away Maamoura Fields. Perhaps 2-3 times bigger based on existing seismics and geological mappings.
Anyway time will tell - for now perhaps end of the month the results will be out at least as to FLOWS of OIL???

Anyway betting on 2000 m tomorrow (Wednedsay 15th Apr) as to new depth reached with the drill.