MAY Train running express to 23.5 cents- Stand Clear Please Stand Clear, page-15

Think a lot of upside could come from knowing the oil api number.
The lighter (higher) it is the less viscous /heavy the oil.. The more of it will flow.
All of may's prospective resource numbers are predicated on recovering only 5pc of the oil in place ( could still be huge) as that is the norm at in northern Cuba. Varadero etc.

However may have drilled much deeper where the pressures and temperatures are much higher, ideal breeding ground for lighter oil, and indeed the Marti 5 drill recovered oil of 44api (much lighter than Varadero ) some time after it was drilled in 1988..
The lighter the oil is, the exponentially positive effect it has on the recovery factor of the well without needing to be more oil originally in place.
One would have to expect we would log something similar or better, given the marti5 well was 'damaged/poorly completed '
This could blow may's prospective best and high estimates away .....by the time the rig moves to Zapato there will be some basket cases here and hype could send it anywhere.
Keeping an eye on the api numbers from these deeper horizons will be the trick. Higher api, higher recovery factor, higher Resource numbers (from same OOIP) higher sp... More straight jackets reqd.
That's the hope anyway

Gltahs tc.


PS, perhaps @VOGC could explain how the relation between api and rf works more mathematically?. Cheers