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5.4¢ byron energy limited

Ann: SM 71 F3 Well Spuds, page-5

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ronstieb

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10/01/18

16:49

Post #: 30201152
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Originally posted by 62strat ↑

Cold weather in the GoM, no problem.....this is the time of year they start drilling in Alaska!! Now those boys would feel the cold !!

Good to see they're going to evaluate the well. I take that to mean they'll run a quad combo log in the open hole after they hit TD (as per F1), so we should get some more specific info on that part of the D5 section than we got from the transmitted LWD data during F2.

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Looking forward to the reserves upgrade, first internally perhaps in the June qtr, and then by Collarini in the Sept qtr.
They were targeting ~2P 4mmbls (NRI) from the D5 + B65 sands, net to BYE

and according to OEL re the F2 results
" The SM71 F2 well has delivered a result that has significantly exceeded the joint ventures pre-drill expectations in both the B65 and D5 zones"

BYE Price at posting: 27.0¢ Sentiment: Hold Disclosure: Not Held
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