While drilling to total depth, additional gas sands were encountered with the well yet to observe a water contact. The W5 A Sand sits some 233m TVD ss higher than W1 and 145m TVD ss higher than W4, indicating the potential for a larger than expected gas column and corresponding resource.
From TPD announcement
On the back of this result our exploration efforts will now shift to other larger leadsidentified in EP447, as well as the analogous Condor prospect, which has a Prospective gas and condensate P50 Resource of 408BCF and 20.2MMbbls respectively.”
Does anyone know of other leads in EP447? Is this new information received from the drilling?
TPD Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held