redcorduroy"From a previous POE update:"The objective of L44H-D2...

redcorduroy
"From a previous POE update:
"The objective of L44H-D2 is to test the deep volcanic targets underlying the main volcanic producing zone within the NSE central fault compartment."

This is "in addition" to the main zone not excluding it. With cash flow now being excellent and the geology knowledge now well known, it would be extremely stupid of CVN to waste a well and not pump from all the production zones within the well.

This harps back to them omitting the testing of other potential zones within the previous wells in NSE although knowledge of their potential in adding to the total reserve/production figure obviously existed. As Mr Jacobson said at the AGM testing of these zones wasn't a priority rather cash flow (production was).

The biggest gain as Jacobson said was for them to prove other zones carried poo as the reserve figure could then dramatically improve. How fast they pump oil (bopd) with less wells obviously means less cost/more profit, but I certainly wouldn't be surprised to find them limit this JV at 20000bopd to offset the SRB.

POE9A didn't chase these potential deeper zones (as stated by the announcement) but it was to prove the deviation issue with POE9 (ditto the issue with L44H) in the southern most production well.