Interesting post from Edgein in the UK on Zone 3 & Baker:-"They...

Interesting post from Edgein in the UK on Zone 3 & Baker:-

"They may have stopped short as they encountered a change in lithology or perhaps zone 1-3 were slightly higher in Kennedy-1, impossible to say without the logs. Either way SL-1 has produced from zone 3. I had written that one off. Gas and condensate is positive. I reckon the wellbore reservoir interface is damaged from the previous failed frac attempt giving the poor flows at this point. Kennedy will be the real tester of this zone. If the reservoir is highly compartmentalised then it will be the horizontal well that breaches the compartments in the payable zone and with more communication with the reservoir should come increased premeability and sustainable flows as well as a much bigger pay section exposed to the hole. Carbonates are much more robust than sandstones so horizontals should be easier to complete. We know from previous logs that the main austins are a slight mix of sandstone, but high very % carbonates. Liquids are much more valuable than gas still so the more condensate and higher flows the better for the value to EME.

I reckon it'll all happen from alternative wells, SL-1 was drilled to test the hosston, the Austins were a bonus. They'll probably test zones one and two but do the horizontal testing from Kennedy only. We could be onto a gas and liquids find at block A and B now. Still not convinced by the size and pressures until we get monster well production (possibly JV-1 fingers crossed).

I still reckon that SL-1 is only scratching the surface of possible production potential, at least we know we have a viable reservoir for gas and condensate flow at present, although we still need a long-term test. A horizontal production test well at Kennedy or JV-1 will make or break this one as a big find or only a modest find. Well damage in SL-1 may not be giving the entire picture at present.

JV-3 well with 185ft gas column is good news, ten times above background sounds very good too. I would imagine that it will respond similarly to the other Kunde wells when tested. All looking good all wells coming in gas +ve from the appraisals of Kunde. Its all pointing in the right direction for a big find now with lots more wells to be drilled. We still need those horizontal well test results, sounds like Tom is keen to get those done and dusted too which is a good sign. Plenty more wells to come and plenty of wells to be tested so we are going to be busy (don't forget Bondi in the middle of all this action).

Regards,
Ed."