Isn't there a layer of Shale amongst all this in S1.
Was a core sample taken of the shale to be analysed ?
If not, they should side track further up and take a core sample.
Who knows ?? We might be sitting on a few Billion barrels of oil here also with a little help from Horizontal Fraccing.
Packers Plus are here in Australia at the moment who will be Fraccing for BKP. Why not come and Fracc S1 as the expenses entering the Shale formation have already been done.
This is a no brainer for me IMO and looks like we own almost 100% of this Shale formation also.
If the well is commercial and the SPP is a success, I see no problem CTP getting the funding to test the Shale in this well also.
This definitely is a Surprise Well.
Well done Ambrose IMO.
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