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Byron discovery, page-6

  1. OldGeo
    1,622 Posts.
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    26/08/19
    13:20
    Post #: 40152863
    Hi Matyd,
    Yes, I've taken a look at the BYE announcement-nice result Now we know why BYE went sole risk (100%) on this; they interpreted the prospect as having a high change of success. And it is at least 300' gross pay because they are yet to see an oil water contact. I am keen to hear what the net pay count is when the oil water contact is intersected. From the Shell well (#9 ST1) drilled down dip, the net to gross should be excellent.
    https://hotcopper.com.au/data/attachments/1700/1700647-b0710617edb4ccfb0add3aa7d7b8c81b.jpg


    Kind regards OldGeo
    MEL Price at posting: 3.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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