site visit for analysts & instos, page-13

Thanks for sharing 87. Something else to note is the comment “…and porosity was very strong averaging 18% (vs 13% avg at SE1.” Stx’s official release says “up to 18%” and ave of 11% which is materially less (and far from outstanding??) eg if half the net pay is 18% then the other half is 6% (tight gas). Seems to me you’d be better off having less of 18% and more mid range porosity, say 10-14%? Any geos wish to clarify or is it a matter of waiting for the flow test?

This is the second time I have seen this discrepancy in porosity- think the first time was in a fin review article someone posted.