Ann: Fluid sample confirms rich gas-condensate & oil potential, page-52

Ok sherlock whale is having a go...
my usually subject matter of investigation is poo (some might understand)
but heres my go on the ann



Lets look at the first fluid analysis and this ann side by side and go through the 4 dot points on the latest ann:
Point 1 - the ann dated March 22 alludes to the compositional analysis being complete. We are no longer looking at "preliminary". We thus have firm confirmation. Is this big news? i dno it would have been odd if the prelim analysis confirms it and then the full analysis doesnt but there we go.

Point 2 - Ok so this is a literal copy paste with the word "downstream" removed. meh

Point 3 - The CGR estimate is now a slightly larger range? from 14-22 to 10-25. Im not an OnG expert so not sure of the significance here. It feels like it became slightly higher risk higher reward... we might roll a 10 now.... but could also roll a 25. (the API is still 50-60 whatever that means so its unchanged)

Point 4 - This is brand new info and maybe the one that should have been first up. Dande was not mentioned at all in the march 4 ann. not even once. But here we have additional piece...

reminding ourselves of this gem of a diagram - the Dande has a relatively shallow 1200m depth... and we now have evidence of light oil (potential)

Thats potentially a pretty big find....
Instead of digging .... another 1-2kms

So we have light oil potential at Upper and Lower Angwa (4th march) as well as Dande (22 March)
Also this snippet from the the main body of text is particularly promising

oh and the final promising bit " ... These will be evaluated for potential testing elsewhere on the Mukuyustructure and in other prospects within the portfolio."

We doing a dog and bone with this one.... not letting go any time soon.
Hold onto your barnacles folks - we might be going through a bit of a storm and there be rough seas.
we might have snagged on a few icebergs but we aint sunk yet.
Remember that a storm creates a wet sail - and when the wind picks up again (which i have hope it will)
we gonna fly

Or so i tell myself. but overall its a decent ann.

The biggest issue for me is you have to have a forensic english doctorate to pull the info out of these things.

*mic drop

whale out