Modishv - "get ready for a massive week"
No!
Don't misunderstand me, we are going to have our time in the sun, as Borba drilling gets deeper.
But the first announcement out this week will likely just be confirmation about well casing being set, and that the drill is moving towards the first zone of interest. I doubt it will be earth shattering!
I mention this because I don't want everyone's expectations up so high and the expectation isn't delivered! (In a similar way to the "multi tcf" expectation never being met).
Possibly the first zone of interest will be reached by week end. Any indication of hydrocarbons in that first zone will reinforce the expectation of the hole becoming increasingly gassy as it goes deeper, with gas pressures increasing. IMO the excitement really starts below 6,000 feet (~ 1,830 metres).
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- Ann: Borba Prospective Resource and Operations Update
Ann: Borba Prospective Resource and Operations Update, page-601
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