The good news is that they are planning a well test on the N...

The good news is that they are planning a well test on the N interval so there must be some net pay. They are setting up the 7" liner with ECP's to avoid cementing the liner and thereby avoid damaging the limestone formation (vugs, fractures etc).

They have stated the net pay in the Upper Sheet, but after the main log of the N interval, will not disclose the net to gross ratio.
surely they have this calculated by their Petrophysicists by now.

The MDT log (pressure survey) will identify the density of the reservoir fluid across the 500m by measuring a pressure gradient, assuming they can attain adequate pressure points across the 500m (potential difficulties attaining a seal with the MDT probe).
This would also identify any OWC (oil water contact), in this zone.

Overall a positive report but lacking some meat on the bone.

Hopefully after the MDT, they will disclose some net pay information of the N interval.

Having worked well site for many years, I did like the photo of the shale shakers a couple of reports ago, which showed oil (light in colour). We are onto something here folks.

Just be patient

Now going for a surf
Sam