Hi Rocketa,
For the 415m logged gross pay section the net pay at 12% & 9% porosity cut offs are 48m & ~100m respectively. It was mentioned in the ASX that "preliminary analysis indicating potential oil pay in 11 intervals", thus, as the net pay sections are contained within the overall 415m gross pay section these 11 intervals are also within the net pay sections (for respective porosities). Then its just a simple division of 48/11 & 100/11 for the average thicknesses.
With net pay at an average thicknesses of ~/>4.5m this could potentially add material value to any development by using Geo-steered multi-lateral wells as wells can be steered horizontally, with out too many issues, through this thickness (see Slide below - "horizontal" well through an ~5m reservoir.).
The COSs are for each individual Prospect.
Hope this helps.
Cheers
VOGC
- Forums
- ASX - By Stock
- Ann: Alameda-1 Drilling Update
Hi Rocketa,For the 415m logged gross pay section the net pay at...
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAY (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $1.317K | 59.85K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 454671 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 2067001 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 454671 | 0.022 |
16 | 2874203 | 0.021 |
26 | 4586319 | 0.020 |
6 | 1029920 | 0.019 |
4 | 677480 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 2067001 | 7 |
0.024 | 1394394 | 5 |
0.025 | 889441 | 5 |
0.026 | 115955 | 3 |
0.027 | 100000 | 1 |
Last trade - 10.04am 16/08/2024 (20 minute delay) ? |
Featured News
MAY (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online