JPR 15.4% 3.0¢ jupiter energy limited

43% increase from mgt estimates !, page-3

  1. 460 Posts.
    Good to see we have an independant report outlining, both wells on Block 31. I have been asking for some thing along these lines. The most positive thing to come out is the potential for two oil pay zones in the retested well. Eventhough there is water and minor oil in the triassic sands, potential exists updip. So potentially there could be more oil in the retested well, ontop of the 22mmb recoverable. As we are looking for oil in sands instead of carbonates, the chances of achieving pre production testing are high also.
 
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