NTM
That gas blip of 165units (3.3%) is the one MEO are anticipating the sample recovery from, around 3448-3470 metres depth (just the top of LGSST) This could b the only water free section in the hole with probably a few bcf worth of gas in the tank.
Dont know how thick this interval would b, but it is possible to isolate that section & look at commercial options in the future, not today sadly.
However, if its less then 20m out of the 45m they've told us yesterday, then it may hold a few bcf & perhaps uncommercial as such projects are cost-hungry.
So P&A would spell the end with mayb an Appraisal well in the future. Which reminds me that Artemis prospect has the same signature, so that might get canned too!!
Outlook for this kitty now looks bleak, with the last rites 2b performed.
Time to buy RIO, BHP, Wollies or JB-HiFi, atleast they wouldnt burn a hole in people's hard earned savings.
Perhaps Jurgen & CP could look at a starting up bottling plant for that fizzy water (Solo Man Cans with 3% gas)
High risk-High reward indeed, we just heard this Kitty meow yet again then roar!!
So who's smiling now we muse, perhaps XTract as they made hay whilst the sun shone on this one by bailing out.
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