CVN 2.94% 16.5¢ carnarvon energy limited

Ann: Thailand Drilling Update - WBEXT-2BST2 , page-3

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  1. 2,163 Posts.
    lightbulb Created with Sketch. 105
    ... a shotgun approach that has a high chance of producing early production and cash flow ,will probably have considerable experimental value as far as the V regime is concerned (and maybe the S regime also),and plays to the Elites strengths and its propensity to consume lots of dollars in a short time frame..
    4. So where are we at in this multi-pronged attack on the Thai leases,and the V regimes problems?
    What do we know,based on 2C and its successor 2B i.e. so far?
    The first thing to note is that they dont seem to be in a hurry to drill more than 2 wells of the 4 possibles mentioned above (the rig is going elsewhere after 2B).
    No matter. What have they achieved with 2C and 2B to date?
    Well they havent yet tested the 1st V target of even the first well (2C)!
    So there is prospective morsel for the(near?) future,with 2Bs similar,shallow V compartment most certainly not likely to have been tested .
 
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