If you look back at Alameda 1 exploration it gives a good idea of what is being seen in the current zone
On 27 Jan 22 (4 days before trading halt) advised that had reached 2,971 MD.
On 7th February 2022 reported:
- Overnight drilling reached a depth of approximately 3,590mMD (3420mTVD), at which point a lithology change was detected, potentially signifying the bottom of the reservoir.
- As a result, the decision has been made to call total depth for the current 8½” section (N structure) to preserve the oil already found in this section.The interval just drilled commenced at approximately 3,077mMD (2970mTVD),
- indicating a potential gross reservoir interval of possibly as much as 500mMD (450mTVD). The gas behaviour in this interval was better than anticipated and there have been significant oil shows present throughout on the shale shakers and in cuttings samples.
Obviously they have been slower and more cautious than the first drill, but the next Casing point at 3,586MD should be achievable this week.
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