They still need to drill and complete and flow the well but we now know the oil is in place and the net pay is at or above the original F#1 & F#2 wells.
Could be quite the addition to the reserves if it is not connected to existing D5 sands. Lets hope the well does outperform as the Sm71 field has outperformed to date.
Outcome either way in a little less than a week if all things go to schedule.....
OEL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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