Credit where credit is due, and I am impressed with this quarterly. I am especially impressed with the application of a sequence stratigraphic approach which is a " branch of geology that focuses on the analysis of sedimentary rock layers and their relationship to sea-level changes, allowing for the interpretation of geological history." "It is powerful tool for predicting the distribution of reservoir, source, and seal rocks within a stratigraphic interval, at both the exploration and the reservoir scales."
In the quest for hydrocarbons, both the exploration and exploitation programs can be greatly enhanced by applying seismic sequence stratigraphic analysis. This technique provides the explorationist with the capability to recognize, discover and evaluate new hydrocarbon reservoirs and to reduce the risk in management's decision making. The play concepts, source, seal and traps associated with different reservoir sands and their associated lowstand, transgressive and high stand systems tracts are an important aspect of this type of analysis.
Well done PCL!
OldGeo
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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