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 ratesNot ramping here, just sharing some research.
Kind regards OldGeo
(20min delay)