I think it's too early to get a real good idea of the size of the find. Some crucial pieces of missing information include:
- whether the 38m "minimum" gross oil column reported is a direct measurement or inferred from a smaller measured column + pressure data (as in Banda)
- what this "unknown" fluid (Fin Review p18) at the base of the reservoir is: if oil this could mean 1) that the gross column in the well is certainly more than 38m and 2) that the field gross oil column may exceed whatever is measured in the well (as in Chinguetti - oil column of about 120m in Chinguetti-1, gross field column > 300m). If water that would probably put a limit on the overall field column of ~ 38m
- geometry of the reservoir
- net to gross ratio: a large gross column is no use if the net pay is only a few %
All you can say at this stage is that it's encouraging.
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