re: Ann: Hammamet West oil discovery resource... Currently hw3 has no proven producible reserves.
Although they mention an inital average flow of flow over 1,200 bpd of drilling mud which included some oil before the Well blocked.
We don't know how long it flowed to derive this mean, was it a 1 minute, 2 hours or half a day.
I would suggest it flowed for less than 5 minutes and unfortunately is not a valid test.
Hence any reserve numbers will be heavily justify and not worth much.
Time for Jka and Coe to move on to better opportunities, if this is the best that Jka has then good luck.
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