The longer this takes the less credibility 88e maintain
Merlin reached target depth 29/03/21 and the petrophysical results, are still pending 17 weeks later.
Oil explorers have no reason to delay good results and every reason to sit and spin on poor ones
Compare to the much deeper Charlie 1 campaign timeline
Charlie 1 reached target depth 29/03/20, and the all important petrophysical results were out by 20/04/20, only 3 weeks later. How was this possible when Merlin is still pending 17 weeks later.
Below is a table of information investors received ex Charlie 1, useful, timely and independent data
Detail Third party petrophysical interpretation of the logs in the recently drilled Charlie-1 well has confirmed hydrocarbon pay in the Torok, Seabee and Kuparuk formations. These are detailed in the table below:
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- Ann: Merlin-1 Testing Program Update
The longer this takes the less credibility 88e maintain Merlin...
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