int oil and gas newspaper -upstream, page-20

redfox75 ,

i think your buddy yourself and a few others need to understand that p2 is already a great success .

the purpose of the well was this to find the extent of the posiedon structure and the gwc .which it has proved by hitting all the same plays as p1 6 kms away.

everything else is bonus ,it doesn t need to flow although this data would help .its was never going to be a production well .

cop knows p1 was a success regardless of how the market see it, they are now in the process of finding out the extent of the posiedon structure as golfy has turn blue in the face trying to make people understand .

kronos is at the crestual part of the structure and as the diagram suggests will be a great area for production wells if kronos doesnt flow i will worry then .

p1 had a few problems with kicks and fractures ,now we know the gwc is way below in fact, i think 200 mts deeper then they expected ,that those kicks and pressure problems were not water it may have been a well ready to pop HCs ,4 data point from p1 indicate a gas gradient that cop says show p1 would flow .

so hold tight flow data would be good but gas sample would be just as good .

great buying right now ... : )