BuddyIN response to your comment - yes there was 2D , yes it was...

Buddy
IN response to your comment - yes there was 2D , yes it was likely that they could have intersected oil with a second well.
The big question is would that second well be optimally located ?
As I posted yesterday, Surprise standalone is not a huge accumulation. Drill one well too many or get the development plan wrong and your profits has gone. You've destroyed rather than created value. Thats why its prudent to get the 3D. Its not exciting, lay punters don't like it but it is sound risk management! The idea in the end is that CTP makes a profit from producing oil - not that it produces oil at any cost.

By analogy anyone could walk into a pub and serve a drink, easy,. It takes good management to make the pub profitable.
And its PROFIT we are interested in.

Well at least I am.