EMP 12.5% 0.9¢ emperor energy limited

facts , page-22

  1. 2,672 Posts.
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    lifesgood, I could be very wrong here, but I'm not sure the BRU back-in option refers to the whole backreef area only Backreef, eg BRU can't back-in to lead A (happy to be wrong there). So they definitely won't be worrying about this given it was mostly water.

    Also seriously don't read into the placement of the drill, you have to remember why it was drilled in the first place - they certainly weren't worried about this little oil pool, they never would have drilled it in the first place if they knew that's all that was down there, they were targetting 270mmbbl in the Clanmeyer - a much, much bigger target, 900 times larger and even then it took years and many different schemes to raise the money for the drill even with a carrot that big. Anyways just a suggestion.
 
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