May well be Jibby and plz correct me if i am wrong but all holes drilled in any lease in this region have completed with estimates disclosed prior to commencing next drill.
its possible that 1st drill will come up dry but it will also be a first.
We should not discount that our drill team is better informed through analsis of successful drilling campaigns in the region and AVO seems to be the big one.
We also have access to more accurate technology. I.e lucky for us, Moosehead was a duster but close observation suggestive that it was drilled at ridge of a potential trap. During a webinar, Ian compared 2D with 3D and whilst 2D exhibited a Westerly decline in Saturn system, 3D confirmed it was in fact a ridge to our potentialy single oil trap starting around Moosehead.
Only my humble takeouts
May well be Jibby and plz correct me if i am wrong but all holes...
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