I know its been discussed but between this unlogged section of ~290m and the substantial BHP in the deeper marti resivour theres going to be some substantial upgrades if the appraisals are successful.
Just the 290m section that couldn't be logged due to hole conditions, " where some of the most promising oil shows were observed"
alone could be a company marker.
This could easily blow the reported current net pay of 48m net /109 million prospective barrels clean off the scale
Then theres the comment of " updip potential".
If successful whats the potential increase to net gross re this comment?
Considering that we hit oil as soon as the casing was drilled out at 453 m, the biggest challenge will be to pick what sections they'll want to flow test
Lets hope for a safe trouble free appraisal, if we get to test the whole ~1960 md TD and going by the above it's mind blowing what could be.
If you aren't excited, check your pulse
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