Hi Sharpeye, I took a quick look at page 21 of the recent BYE...

Hi Sharpeye,
I took a quick look at page 21 of the recent BYE presentation - Bivouac Peak East event 4100 net pay amplitude on structure contour map and compared it with a similar amplitude on structure map over the SM74 prospect that BYE and MEL plan to drill around March/April 2019.   To me, the SM74 amplitude map (possible gas pay indicator, left hand panel) has a more compelling direct hydrocarbon indictor of a possible gas-water contact at 14,300 feet where the amplitude changes colour from orange:yellow to grey:blue.  Added to this, is that this amplitude cut-off parallels the structure contour line at 14,300 feet (blue line).  At Bivouac Peak East (right hand panel), the amplitude cut-off at a possible gas-water contact at 17,300 feet, to me is less convincing.  There's one there and it does parallel the structure contour at 17,300 feet, but it is less obvious because we still see patches of yellow below 17,300 feet.  Remember, this is all interpretation which is open to other interpretations which I'd welcome.

The SM-74 prospect map below is why I bought into MEL a couple of months ago before the spud date was pushed back...….. oh well.

Don't get me wrong, I like Bivouac Peak East, but the geophysics of a possible direct hydrocarbon indicator of a gas-water contact are more clear cut at SM74.  
  

Kind regards OldGeo. Please do your own research before investing.