Hi H I think it would depend on where they think it would be commercial , as a plug in with FAN in a stand a lone project there or as a plug in for SNE, which was the aim given the pre drill estimates..
The find doesn't need to be large for a plug with SNE providing the reservoir meets the right requirements , it certainly fits the bill on oil quality...they may just be concentrating on the sands that contain the 31API oil in this well if the reservoir is like FAN, where they had several intervals and four types of oil...
Regardless, it won't produce oil as cheaply as SNE so would be used further down the track as either a plug in for SNE or FAN should it prove up...will be very interesting to see what the evaluation comes up with....
Cheers Whisky
Morgan Stanley Note Overnight, page-15
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