CTP 2.04% 5.0¢ central petroleum limited

food for thought re: surprise 1, page-7

  1. 1,987 Posts.
    wishlist,

    Can you help me understand how your thinking has led you to post that "JW-1 will be much smaller"?

    I haven't seen anything yet to indicate that JW-1 will be either much bigger or much smaller than the pre-drill estimates. It's a little hard to tell at this time given that we aren't even sure whether we are in to the primary target zone yet, and if we are we have probably only drilled 6 m of it and at that time there was no indication that we had passed through it completely.

    So really we still have no idea of how the mean (risked or unrisked) is going to stack up with reality and we won't until we finish drilling and test the well.

    But if you have some other information that allows us to dismiss these numbers then I'm keen to hear it?

    Cheers

    Badfish
 
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