Ann: Alameda-1 Drilling Update, page-250

Kiwicheek,

You are right, as an update it resembles what happened before Alemada logs. It’s an indicator not a definitive result.

It will be interesting what is said about the signs of formation water coinciding with the high pressure interval. It does look like some interesting geological processes exist here, whether we are at the oil water contact or some 50-100m or a couple of hundred metres can sometimes come down too lab results if the results can’t be determined at logs.

I would hope that flow tests are focused on a few intervals where both reservoir is good or reservoir is highly fractured. It could improve the net/gross substantially.

best of luck holders