CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Phoenix South-1 Well Update, page-2

  1. 523 Posts.
    its good to hear they will sidetrack from 4000m again and go down through the 160m section and the total loss section before entering the crucial final section with all the gas bearing sands
    from A to G depending how deep they finally go...
    put it this way,if YA can write the structure straight forwardly and hope for at least 5000mTD
    on hot copper posts,
    then for sure the apache geos must have similar in their heads.
    certainly if they go AB&C sands,( having deviated two times,)
    why not drill the extra 500m to check out as many gas charged sands,
    beyond 4500m as occur,
    as long as they keep coming across them,
    and anyway apache knows extra costs at this stage(beyond 70m$) are carried by cvn also,
    it,ll be interesting what they,ll find this time with the rerun from 4000m to where they stopped,
    but all the goodies are after that point.
    i guess we,ll hear other news before the phoenix results come out,
    certainly some thai spud date?
 
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