Well done to all involved. Management especially of course but also rexsh for his persistence. Great outcome for basin and WA. 19% por will be a barn burner. Must have neutron-density lwd with the precision of the porosity numbers quoted?
Log data will clear the way for the cap raise - this well will be a ~$25 mill exercise with completion and flow testing. Be aware they wont get Waitsia-3 / -4 flows here because of the small hole size -> small tubing. 100 mill scuffs will have to wait till WE-3.
My prediction: Jaws gets shuffled off into the hard basket and we never hear about the wagina here again. Great outcome. Hope more information can come out now on the CSBP pricing if we are going to put a value on the discovery of the year.
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52 | 2313872 | 0.190 |
24 | 1074427 | 0.185 |
25 | 1179467 | 0.180 |
7 | 139258 | 0.175 |
Price($) | Vol. | No. |
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