to slampoil, page-16

Hi Ssteel

Here the quote from OBL website about Blackreef 1

Principal Petrophysical Findings – Backreef-1

An integrated analysis by Weatherford using nearby Blina fluid properties indicates a potential (in the absence of fluid sample from the well) for 39.2 m of net oil pay over a gross reservoir interval 48.9m in dolomitic carbonate reservoirs within the Laurel, Yellow Drum and Gumhole formations. Water saturations (SWirr) as low as 20% with porosity as high as 22% were calculated using a formation water salinity of 80,000 ppm (salinity assumption was based upon the nearby down-dip Blina Oil Field in the absence of a FMT fluid sample). The gas wetness ratio plot validates the OH log interpretation results in the detection of a predominantly oil column.
The net pay section has an average porosity (PHIE) of 13.6% and average water saturation (SWE) of 29.5%. A risked conservative (unstimulated) moveable oil interval within the tight dolomites of around 3.9m circa 957 m to 961mMDRT has been determined in the Yellow Drum / Gumhole formations.

A cased hole production test is required to confirm the presence and producibility of oil.

So let look closely at this analysis and the caveats.

Here the main one

"in the absence of fluid sample from the well"

Yep no fluid recovery and all the rest of the wireline log analysis is based on assumptions from near by wells such as Blina, now I not saying they are not valid assumptions but they as just assumption not real information.

So I stand by my considered view that Blackreef 1 a non commercial oil exploration well.