OEL 8.33% 1.3¢ otto energy limited

Ann: Otto to Drill 400 MMbbl Nanushuk Oil Prospect in Alaska, page-116

  1. 261 Posts.
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    Hi oldgeo,
    After spending some more time studying all the information and seismic information that i can find on this area, it seems that, the Otto prospect is some what disconnect ( maybe pinched out) from the Horseshoe well, as shown in cross section C showing the amplitude anomaly in your post. It also seems that this section is thicker than the Horseshoe discovery (nanushuk 4), and also shows a similar large amplitude anomaly directly below the circled Otto anomaly ( nanushuk 3).
    Both of these anomalies seem to have been closer together in the Horseshoe well, and form part of the Horseshoe discovery, but at a shallower depth.
    I believe that when this prospect is drilled the result may be a lot bigger than forecast- if oil is there.
    It may be that the otto prospect could be an enhanced reservoir and stratigraphic trap, and if so could have a considerable thicker area of net pay.
    Horseshoe 1 has 150ft of net pay, and Horseshoe 1A is a third smaller, at 100ft of net pay, seeming to indicate a reduction in net pay towards the Otto prospect as shown in cross section c .
    However, this may be because Horseshoe 1A is nearer to the pinch out as shown in Cross section C and is just before Nanushuk 4, 3, and 2 flow down dip.
    It all looks very interesting and I'm looking forward to the drill bit revealing all in 2019. IMO DYOR.
 
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