MAY 6.06% 3.1¢ melbana energy limited

Ann: Zapato-1ST Drilling Update, page-91

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  1. 2,652 Posts.
    lightbulb Created with Sketch. 4725
    Hey Brother, yeah the seizmics only tell part of the story & on that we all misread a little here and there..

    Said it before & will re-iterate again now.. Only two parties who really know and that is Sherritt who been drilling this layered geology for over 20 years now & MAY.. And when we say MAY lets refine that to mean the Geophysicists & Dr Rafael Tenreyro.. Who knows more than any I'll wager..

    https://hotcopper.com.au/data/attachments/4680/4680820-a37a047a5de531634d546150a1b82526.jpg
    But first lets look at the COS of 23% shall we and more specifically what that means in relation to a working system which is how the Zapato prospect has been described..
    https://hotcopper.com.au/data/attachments/4680/4680827-0cf29ed083d64fe5f80bb0abd6e06f51.jpg

    A working system (or prospective target) needs a few things to be classified as such.. You need a form of organic rich source rock, a reservoir of porous sand or limestone, a trap or impermeable seal and a form of migration by which the hydrocarbons are moveable.. That's it, nail those and we got ourselves a prospect..
    A failure of anyone takes out the whole so your 70% x 70% x 70% x 70% chance against each is only a 24% COS

    Personally if some tells me there's a 70% chance and it actually turns out to be zero then I ain't gonna be too happy with how the original value was assessed so I do feel the overall chance is deliberately conservative when you consider all factors are assessed at once and not in stages, so gut really wants to go with 70% but hey it is what it is.. Anyway, what's 8tey on about you ask?

    Well I admit to being as confused as others as to why we are now 100 and however many days into a 55 day program and drilling at glacial pace.
    https://hotcopper.com.au/data/attachments/4680/4680859-595b0c05dd7a2883012f307c196ec059.jpg

    So I looked at both the seizmic depiction above and also the Ophiolite outcrop depiction below where two things stood out.. 1. is the Ophiolite outcrop reference to relatively flat dips and 2. is the "Prospective Veloz fm Carbonates" reference..
    https://hotcopper.com.au/data/attachments/4680/4680862-c1e391fab1ab934723252faf483b3fcb.jpg

    Because as we know Ceinpet, the Doc and hidden Cuban documents on oil emplacement and lithologies are key here..
    https://hotcopper.com.au/data/attachments/4680/4680898-c0c9bf9be7d65da8a8b840629ad9cd25.jpg
    Cos Jonny Cuba knows El Gringo's only got half the story...

    https://hotcopper.com.au/data/attachments/4680/4680912-f4cd4eb7c297110a02c9ca4a8a1a35b1.jpg

    And to understand the stratigraphic lithology and depositional nature of the fold belt propery we have to go back to the Doc.. To first get a handle on the fold Belt and the TSU's.. Section B-B seizmic shown along with the fold thrusts

    https://hotcopper.com.au/data/attachments/4680/4680939-43fcd7da5ff302dfa389fc6df23ad020.jpg

    https://hotcopper.com.au/data/attachments/4680/4680940-5a70a03236c9053c1156bb8dfffad15a.jpg
    https://hotcopper.com.au/data/attachments/4680/4680947-adc8385325d6a029b1c8d337fff20e05.jpg

    Then we can start to understand the location of the coastal TSU's in relation to Motembo and also Camarioca..

    https://hotcopper.com.au/data/attachments/4680/4680948-0962dbcb38283fe290ef8e49f19cd349.jpg

    Because that then leads to the promised land... Zapato sits in between Motembo & Camarioca on the sectional shown below and right above the two black oilfields depicted at circa 2.6 to 4 km deep.. Previously undrilled you will notice & also covered by a lot of Ophiolite and volcanics.. No wonder we drilling like miss daisy here.. !
    https://hotcopper.com.au/data/attachments/4680/4680953-058e75dfdf7e72ef96a02cc6a8fb3279.jpg
    Obviously the migration pathway through fissure etc is what has fed the shallow Motembo field shown.. But what you gotta love is that someone, has drawn exactly where the oil fields are along the section, including Varadero etc.. So if it exists then ??

    Errol said MAY adopted a strategic approach of collating data in picking the target..
    https://hotcopper.com.au/data/attachments/4680/4680959-9b7a2091345c1e7d42c9d7c8fbd84f89.jpg

    So did this mob and it aint hard to see why..
    https://hotcopper.com.au/data/attachments/4680/4680958-5f36e05c4ae891c7db548decb4dca598.jpg

    PSStratigraphic Traps: Quantitative Approach Based upon a Producing
    Field Database*
    Jean Gerard1
    Search and Discovery Article #40436 (2009)
    Posted September 22, 2009

    Becasue Zapato it seems is a lateral depositional pinch out trap unless I am reading this wrong?
    https://hotcopper.com.au/data/attachments/4680/4680962-a917b6a0031571cd8cc4cb4dc5996d3e.jpg
    https://hotcopper.com.au/data/attachments/4680/4680964-af0819c15f8d5133186f6df2ab423394.jpg

    Sorta makes sense now laid out like this don't it?
    https://hotcopper.com.au/data/attachments/4680/4680968-cbc459831ea04e305590e42082c26830.jpg
    https://hotcopper.com.au/data/attachments/4680/4680969-0a372160ff0b9ff96cdcf3288e4bf8d1.jpg

    Regardless of whether the structure is depositional or erosional
    https://hotcopper.com.au/data/attachments/4680/4680970-fe9df40e1633752734a95bbfe0fa8e0a.jpg

    The fact remains that we have the right mix of the req facets to have a working prospect below the drill bit..
    https://hotcopper.com.au/data/attachments/4680/4680974-f7719563eb5041ec35b293616a4f617e.jpg
    And the fact that it appears on a sectional view, that Zapato being some 10k and inboard of Motembo & Camarioca and positioned right over the top of an oil reservoir at circa 2600m surely means todays announcement was all in accordance with the plan... ?

    So chill bitches, and be sure there's greater than a 24% chance ol 8tey's gonna take a few more off the table tomorrow... But hey, as always, you do you ;-) hehe
    https://hotcopper.com.au/data/attachments/4680/4680978-b20fe713a7b63987666093b95dcd1224.jpg

    Prob a couple of previously undrilled Mobi's down here you could pot if ya wanna it looks? Them Cubans hey, the yanks thought they didn't have the missiles so why would they think they gots the oil?
 
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