OEL 0.00% 1.4¢ otto energy limited

Will jump in here as I re-read that information that Boysy...

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    Will jump in here as I re-read that information that Boysy mentioned yesterday.

    So I'm not sure if Boysy read the information in any of the GC-21 specific related announcements but on a April 29, 2019 release the "Quarterly Activities and Cashflow report" had:

    "Appraisal Well
    Bulleit is an amplitude-supported Pliocene prospect with similar seismic attributes to the analogous sand section in Talos’s Green Canyon 18 field, which has produced approximately 39 MMBoe to date. The Bulleit prospect sits in approximately 1,200 feet of water and is 10 miles (16 kilometers) from the GC18A platform.

    The DTR-10 oil sand, which is the primary target of the Bulleit well, was first discovered in 1984. Three wells, all with logged oil pay within the DTR-10 Sand Package, were drilled between 1984 and 1987. A sidetrack of the first well also found oil pay in both DTR-10 and deeper MP Sands. Drill stem tests from first and third sand packages in the DTR-10 sand were undertaken in 1985. Production rates expected from the MP sand when tied into a production platform are expected to deliver between 8-15,000 boepd. These high production rate oil wells are common for deepwater prospects whereas Bulleit has the advantage of being in significantly shallower water.

    The discoveries were not developed at the time of discovery as there was no infrastructure available."
 
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