Pheonix south looks to have compartment issues, if you look at the new cross section of seismic. The reservoir looks to be almost non existent in the structure. There might be a modest amount of gas there, but pressure regime looks to be an issue. Could be a false reading or localised pocket close to the fault or structural crest. Another interesting point is that dorado has thicker sand packages closer to Roc (not caley). So good upside.
AGM Friday, page-34
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