I am hoping that the first appraisal well drill cores will set off major upgrades to recoverable oil resource whilst also putting to rest the discussions about oil viscosity.
The next layer will be addressed by the second well being able to flow test the Marti level assuming the new design is able to handle that pressure.
The third layer will be the repeat 'folds' that the geos are discussing in the shareholder events. The potential is there for the block 9 area to be a series of enormous oil fields which will turn Cuba into a major oil producer. It might even be enough to make the USA like them again. Wouldn't that be something?
DYOR.
MAY Price at posting:
6.9¢ Sentiment: None Disclosure: Held
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