Odin - 1 prospect highlights (OldGeo's view - I've been accumulating on this SP pull back) 1. Located between two gas fields: Up dip of Vali gas field, downdip of Beckler/Bow gas fields. 2. Located on possible gas migration pathway out of the basin towards Dullingari North, Beckler, Bow, Crowsnest etc. 3. Gas bearing sands intersected in Strathmount-1, but on test, flowed at rates to small to measure. Note: Strathmount-1 was not fracture stimulated like Vali-1 st1 was. 4. Possible resource upside at Odin-1 invoked via stratigraphically trapped gas. This would be in addition to structurally trapped gas. 5. Crowsnest, Bow, Beckler gas fields are stratigraphically trapped gas accumulation; bodes well for Odin upside. 6. Crowsnest-1 and Bow-2, also interested gas pay in the shallower Toolachee Formation, a secondary objective in Odin-1 and Vali-2. Primary risk: Reservoir quality, commercial, sustained flow rates
Not ramping here, just sharing some research.
Kind regards OldGeo
MEL Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
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