CTP central petroleum limited
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  1. psi81
    6,475 Posts.
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    13/01/12
    10:38
    Post #: 9545260
    Would there be any value in re-visiting JW to do a horizontal drill?

    It depends on what the flow test recovered on JW-1. If it recovered water, probably not because it shows JW is undersaturated with oil.

    If it recovered nothing, then maybe.

    I don't recall whether JH ever told us what they recovered. When the Well Completion Report becomes open file I will have a look but that is normally not until 2 years after drilling (not sure what the legislation is in NT).
    CTP Price at posting: 29.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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