It’s called the application of high resolution 3D seismic - to understand the heterogeneity of the reservoir, and to map the key faults and structural closures that influence reservoir quality. That’s how we know where the gas is Toots! That’s also how we know where it isn’t, and why the historic Walyering wells drilled into tight reservoir, and why they hit water completely off structure. Our first 3 wells are a total vindication of Strike’s approach. 3 wells in and there is not a hint of that aqua cola you love so much. 3D seismic may not be your area of expertise Toots, since WGO had 3D seismic and inexplicably missed the sleeping giant in the Kingia sandstones. Maybe you should sit this one out and stick to your lane? Anyway where was I… After reprocessing the 3D, let’s remember the bottom hole of W7 was shifted to the prolific side of the pronounced North-South fault running through the permit. The original bottom hole target was intended to convert 32 PJ 2C to 2P Reserve. Only makes sense the company felt the new location was a much bigger prize than that. So far, the A Sand in W7 is looking quite analogous to W5 as predicted, only much thicker. The A Sand accounts for more than half of the reserve in W5. Don.t be surprised if the updated 2P Reserve is closer to 100 PJ, but time will tell. Fortunately this time, STX hold 100% of the permit and will not have a joint venture partner running interference to sabotage all our hard work
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