Refer to my previous post:
Data from Junon Bank site concludes:Volumetric capability of holding in excess of 23 Billion barrels of oil with 30% oil saturation calculation.
Paleocene 3,900 ? 4,450 TOC 7.96% HI 193
Paleocene TOC?s 0.69 to 7.94 HI 21 to 193
Lower to Mid Jurassic TOC?s 0.71 to 7.85 HI 0.83 to 296
This is Junon area alone , on 27 Jun 2011 , WHN suddenly emphasized the huge potential of Junon bank area as well (see the pic in Ann)
More importantly, Isis's potential largest lead mapped for WHN, Creole area, which could contain 5.4 billion bbls oof oil in place, is just south
to Junon Bank area. IOO's find further confirms Isis's technical report is quite reliable.
If you just add Junon bank with Creole, you will work out toal much more than 30 billion bbls of oil in place, although these two areas are less than 1/5
of Sey blocks.
IOO is going to drill Junon bank in next month, expecting to produce 13000 bblpd in Sep, IOO currently is producing 5200 bblpd in Northwest Sey.
The successful drilling by IOO may spur WHN SP to 20c range straight away.
In my last week's post I mentioned most people are still just waitting 2D seismic results, IMO actually no need to wait. What I am saying, Hartelys clearly knows as well, this is why Hartelys dare to ramping WHN 3 times. It actually stealthily knows much more than my team.
I hereby confirm my previous prediction: SP should move into 4.3-5.8c range in this week.
DYOR and hold your shares.
Cheers
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