PCL pancontinental energy nl

Yes and is hardly a surprise. We know that Saturn likely...

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    Yes and is hardly a surprise. We know that Saturn likely consists of multiple reservoirs and moreover, this is consistent with Mopane to the south.

    For example, the recent discovery at Mopane-3X involved three reservoirs (see Upstream article). A snippet from the article, "Mopane-3X, located at 18 kilometres from Mopane-1X, targeted two stacked prospects, AVO-10 and AVO-13, plus a deeper sand, in a water depth of about 1200 metres. Preliminary data, said Galp, confirmed light oil and gas-condensate significant columns across AVO-10, as well as light oil columns in both AVO-13 and the deeper reservoir, all in “high-quality” sandstones. The reservoirs’ logs, said the operator, “confirm good porosities, high pressures and high permeabilities.” Initial fluid samples, it added, show low oil viscosity and minimal carbon dioxide and hydrogen sulphide concentrations. Galp said that Mopane-3X’s higher-than-expected pressures and preliminary results unlock further exploration and appraisal opportunities in the southeast region of Mopane."

    For Saturn, similar to Mopane-3X, a single well could target multiple prospects and this is exactly what was suggested in our recent Prospective Resources ann - "Importantly scope exists for multiple prospect/leads to be targeted by a single well - for example at Oryx/Calypso/Addax Channel".

    If GEOExPro are suggesting that WDS walked because of the "risk of compartmentalisation", I think they've got this one wrong somehow.

    Last edited by jibbybagger: 10/04/25
 
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