I can’t agree with your use of the word “proven”. Until the McDaniels report is public, not even the upper sheet figures are proven, let alone the lower reservoirs. The absence of 3D is problematic as you say. Frankly its absence is 1 of the reasons I suspect Mr Market will remain cynical even after the report. It is tempting to suggest the report is withheld for max effect but I very much doubt Mx would do so.
So far all that can be said of the lower reservoirs is they have been discovered, not proven as the Al1 well failed in a number of objectives, including production of either of the lower reservoirs. 3D absence hasn’t helped here either.
Finally, after much needless delay, not confined to Zapato, we are about to get the answers we need. As others state, so far AL2 and 3 are faultless. I trust this persists for the next 30 days so I can get some reparation.
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- Cuba Block 9: Alameda-3 Drilling Update 22 February 202
Cuba Block 9: Alameda-3 Drilling Update 22 February 202, page-118
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