Up until today my “guess” (extrapolated from N/Alameda figures) was 48m. After reading VOGC’s brilliant post I decided to reign in my expectations and would’ve been happy with 40m all things considered. Must admit, I’m very pleasantly surprised, this well continues to exceed expectations. When the time comes to drill a well specifically targeting the Marti, we’re looking at a 100-125m highly pressurised oil reservoir. It’s going to take time for the significance of this well to sink in for investors and the market in general.
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- Ann: Alameda-1 Significant oil pay defined in Marti structure
Ann: Alameda-1 Significant oil pay defined in Marti structure, page-106
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