McDaniels estimates are preliminary at this stage. I'm betting on a substantial upgrade to oil-in-place volumes and recoverable resources following logging of unlogged sections in the upper sheet, and flow testing and coring, and still further upgrades following seismic acquisitions.
Should be a strong week following US debt ceiling negotiations reaching a resolution, and an attack on russian oil pipeline infrastructure? Could be good for the oil price too.
PESA Luncheon, page-135
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