LOL oh Whitenose, jealous much? - me thinks you are upset that you didn't buy earlier.
Talking about Rubbish, let's address your statement.
No one said the thickness of a reservoir has control over the OWC. The point is, there
are more sands down there and wether thin or thick, they didn't hit OWC so those sands could
be net bearing.
As for your comment about there only been 29meters of net sands. The size doesn't matter, 29 meters of sands could be massive if the actual fan / play is large (geographically speaking). For example, you could have 1mnet which is 5meters wide = non-commercial, or you could have 1mnet and 5km wide = commercial.
Furthermore, the company have stated that they have found 'other oil shows' not detected on the 3D seismic which is currently been assessed.
Finally, you think FAN-1 should not have been drilled? LOL BAHAHAHAHA
Ok TROLL.
I am done.
ele.
32 Cents - Bell Potter Broker Report Summary, page-20
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