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Ann: Roc-2 Confirms Gas and Condensate-CVN.AX, page-43

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WhiteNoise

6,650 Posts.

24/09/16

11:28

Post #: 19394987
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Originally posted by Cosmoterios ↑

trimilleniad,

Not sure what you mean about the gross gas column of 100m versus 60m.

I am Not a Geo, but from all the things I read, Net pay was the important part for any field, not the Gross part. Happy to be corrected on this.

Any way, we found 13m (Net pay) from 40m Gross at ROC1 and 30m (Net pay) from 60m Gross at ROC2. Net pay wise, pretty much proportional.

In any case, the original volume estimates (270 bscf) was based on 13m Net pay (2c) plus prospective estimates of what could be below that (the lower sands).

As to the Areal extent of the field...you might have a point there.

Although CVN states it is 45 square kilometres.

I have attached the Map below for review (June 2016 press release). View attachment 264635

Given that there is No connectivity to the West - it looks like North and South is the way to go.

But then I saw the "Purple Patch" below the ROC structure.

And thought "maybe", that is part of Dorado.

So I opened the Good oil Conference Map and saw this (refer to Map below).

...And that is the first thing I am going to ask on Monday (already drafted an email).
View attachment 264644
Perhaps our CEO Adrian Cook was trying to send hints at the Good Oil Conference.

Now, this is going to make the ROC2 presentation really interesting.

IMHO.

btw, thanks for posing those thoughts, for I wouldn't have checked and connected those two maps without it.

Expand

Nice work Cos

Also ask him that the gas amplitude effect they see in the 3D data over Roc whether the same depth slice extends over the Dorado prospect.

WN

CVN Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Ann: Roc-2 Confirms Gas and Condensate-CVN.AX, page-43

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Ann: Roc-2 Confirms Gas and Condensate-CVN.AX, page-43

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