Hard to spin this any other way than this drilling campaign being a success at this stage .
Maybe the initial production will be gas dominant but we are not leaving attic oil production and as the gas cap depressurises then the oil gas interface rises and with a good water drive the production becomes more oil dominant .
We have the G1 one well as a clear analogue of this phenomena .
Early days but we may be back on the path to more drilling .
Might even be able to take up their option or get into the drilling queue again .
Hard to spin this any other way than this drilling campaign...
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| Last trade - 15.56pm 06/05/2024 (20 minute delay) ? |
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| Last updated 12.21pm 06/05/2024 ? | |||||
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