This week's drilling report which posted after close of business confirmed that the PRODUCTION testing continues and the Poseidon-2 well has been perforated and communication with the reservoir has been ESTABLISHED below is the technical translation of reservoir communication from Slumbergers Oil & Gas Glossary this is stunningly GOOD NEWS ie the GAS IS FLOWING and we can expect a very positive reaction next week in line with Morgan Stanleys assessment which was released before Karoon's weekly announcement.
reservoir communication
1. n. [Reservoir Characterization] ID: 10779
The flow of fluids from one part of a reservoir to another or from one reservoir to another. The term is often used to describe crossflow from one reservoir compartment to another.
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