number crunching on commercial success !, page-7

When they report flowrates, they should also report the gross thickness encountered & the net:gross ratio. A bit more technical info would add more value, eg porosity, CGR etc.

In the meantime I have attached the release frm CNOOC last April.

http://www.cnoocltd.com/encnoocltd/newszx/news/2012/1966.shtml

As a comparison, here's a list of the thickness encountered in some of CNOOC's Dongfang 13-2 appraisal wells.

- DF 13-2-1 had 35m thick payzone & it flowed 42.4 MMCFD (note this update doesn't tell u which zones were tested & their individual thicknesses)

- 40.2m at DF 13-2-3 well
- 18.3m at DF 13-2-4 well
- DF 13-2-6 was drilled in Oct last year by NanHai-4 jackup rig, I don't know the thickness encountered
- DF 13-2-7 was another successful appraisal well (refer CNOOC's mid-yr preso)

What this tells u, is that the neighbours have been flat out drilling appraisal wells at DF13 & will b easy for them to hook these to their existing network at DF1-1 which comprises of 4 unmanned platforms & 22 production wells & a network of pipelines going onshore to Hainan Island.

IMO, after ENI complete CL-ST1, a follow-up well in Q1-14 would b ideal on this 'trap' to define the resource size & a plan of action thereafter, as that IMO will keep the momentum going with the SP rather then the usual profit taking on the flowrate announcement.