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Ann: Philippines Drilling - Jacob-1 Update , page-10

  1. junior101
    1,544 Posts.
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    21/11/12
    14:12
    Post #: 11089274
    My concern was always the amount of oil predicted that
    could be recovered, if found.The ndo/oel off shore well
    discovery in similar geo. setting was only around 10ml barrels

    So I guess it depends what people define as a dud..
    Iguess even a small discovery of around 5ml/bls would most likely be economic given good flow rates. Time will tell.


    GGX Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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