Its very hard to work out how big oil bearing column was for the original 330. Mercury report said it 40m. Some where else i read 100m and the 15m you are describing. All i know is this oil column today was in the FIRST secondary target. Have the primary target to go, and another secondary target (in most likely turbinate sands, which showed oil but was not tested).
I think they have hit the sweet spot on this field with 330b.
Do you think we could be up for another upgrade for 330?
330 was suppose to be the smallest target erh had. This could turn out to be the biggest (originally was 1.3m recoverable).
WOW
ERH Price at posting:
19.1¢ Sentiment: LT Buy Disclosure: Held