AMU amadeus energy limited

re; drilling report12 out of 13 wells successful1 P & Aa much...

  1. 630 Posts.
    re; drilling report

    12 out of 13 wells successful
    1 P & A

    a much better month

    2x High risk/reward wells drilling ahead
    Falcon prospect seems to be an Elephant with Reserve potential estimated at 75 bcf + .6mmbo with 4 potential horizons of pay
    Homerun potential 12 bcf + 5mmbo with 7 potential pay zones to 13000ft
    pulled these figures from 'Good Oil' presentation

    I agree with Oz in that it would be nice to see more info in drill report with regards target size, depth, if successful then initial production numbers etc
    gives us a bit more to go on
 
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