Ele
I'm also keen to see what's in this prospective resource update regarding the Buried Hills and other prospects. FAR has stated that at Bellatrix there was potential for "down-dip oil" given gas was discovered and no water contact. They also said that at SNE-3 and SNE-4 higher sands were encountered at this level and in fact they expect these to be present across the block. For example when SNE-4 results were reported they said:
"Shallower gas sands first discovered in BEL-1 and SNE-3 were also present and gas bearing in SNE-4. The potential for down dip oil in these extensive reservoirs is being assessed"
If the new 3D seismic correlated with well results to date can identify a potential oil leg at this level then the uspside should be substantial.
Only scratched the surface!
H
"Chicken or Egg", page-53
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