SGC 0.00% 0.4¢ sacgasco limited

Big Ga$$$$$$$, page-515

  1. 329 Posts.
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    My ball park estimate for the Kione Sst's potential at Borba (assuming an adequate FR) is below.

    The key issue is the area of the accumulation for which I have used the anticline areas at the producing reservoirs in Ord Bend and Rancho Capay (see below). From my geological background I see this as a reasonable estimate.

    On the basis of an adequate FR the full field value could be in the order of 15 cps with production from 4 wells (assuming a 400 acre accumulation) producing A$16.3 million/an.

    Obviously, tremendous potential with an adequate FR!!

    https://hotcopper.com.au/data/attachments/3130/3130818-694622a5dd57b94ee21a30dd42e83291.jpg
    https://hotcopper.com.au/data/attachments/3130/3130829-f1efa6ce0cf3df4be33c9e468f430f6b.jpg

 
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