Is the whole target reservoir considered the "aquifer" or does this term just relate to specific areas within it that hopefully are proven to be high porosity/permeability zones?
Since they are going to run a perforated liner I would say the whole zone 3000-4000m is considered for production - or else you would perforate your wanted zones with explosives
Logging - 1 day as they are only going to do I would expect the 3800-Bottom logging temp & porosity as a min, but they may be paying for more reservoir data since this is their first well.
As to whom..well I guess anyone who isn't flood bound!
Now the drilling is complete, is there any indication of fluid flows and is this as expected? - No flow atm as the well is full of weighted up drilling fluid
They would have an guess, but until Drill Stem Testing is done they won't know flow rates....3-4 days depending on how much testing is done and their results...could be longer or not!!
They will then be able to inform the market after they get their logs & DST data and well geologists etc and interpret it fully ...they will have a very good understanding from the initial logs and DST data as they happen
PAX Price at posting:
13.3¢ Sentiment: LT Buy Disclosure: Held
