georgia-the surprise of the century?

Kev's post at 19:45 re-email,PL
{No reason to believe we will need to frack the Georgian wells (don't forget we're in a different structure to the wells to the East), the possibility of extra oil bearing structures in both Georgia and Trinidad, confirmation ECV as well as NCR is being proved up to sell (at the right price), }
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'No reason to believe we will need to frac the Georgian wells!"......I have been saying for quite some time now, that oil in Georgia will be 'easy' to bring to the surface and probably easier to find, considering that oil drilling has been at comparatively shallow depths, for almost 120yrs, and has never run dry.........

....Most of RRL's licences have 'extensive ubiquitous' oil seeps re- Trinidad, Puntland, Texas and Georgia. Huge volumes of gas deep down below the triassic shale and salt beds is thought to be forcing the oil to the surface and even larger reservoirs even deeper, especially in Georgia. IF gas is found anywhere, then oil will be recoverable as well, as a direct consequence of 'the immense gas pressure present', that will enable any oil present to be much more easily pumped up to the surface as the gas is recovered or released!

Oil seeps are occurring all over Georgia. This article seems to confirm as I have already suggested in previous posts...that when oil seeps to the surface, it does so because there is a lot of it down there! OIL cannot form 'at its source' close to the surface. The fact that previous oil production extracted oil from very shallow deposits for over 120years, and are still doing so also shows that the oil fields are being 'refilled' from far down into the triassic and cretaceous zones.
Previous drillings only scratched the surface, using old antiquated equipment...yet to this day, the oil NEVER ran dry, after almost 120years. This is why...and the reason,also why I am convinced we have the potential to top Kirkuk (pumping for 75yrs) and the 'huge' Shaikan fields in Kurdistan....
http://www.rense.com/general63/refil.htm

http://www.rangeresources.com.au/operations/georgia/
Very few of the approximately 200 wells were drilled with the specific objective of finding oil and gas reservoirs. Certain wells were drilled to relatively shallow depths, to further define structural features identified from surface geological mapping, and to assist in planning the location and design of water reservoirs. Deeper wells were drilled for the purpose of detailed identification of the stratigraphy of the area. Many of these wells found oil and gas shows, in which case they were shut in and abandoned without testing. Much of the work carried out by the technical staff of Strait has been to collate information from these diverse databases and to integrate the data into their own regional interpretation. Data reviewed includes seismic, gravity and magnetic, well, structural mapping and field analogues and reservoir data
An initial analysis of 24 areas identified 11 structures suitable for oil in place estimates and key targets for future drilling. Of these structures two are deeper than 2,500 meters and the rest are shallow features between 600 and 2,500 meters
Range has since updated this report - refer below
Seismic data has been processed and interpreted with the aim of identifying drill targets by late Q2 2010 / early Q3 2010 with drilling due to commence a minimum two well drilling program
In addition to the oil potential of the Blocks there are numerous prospective gas fields, which include highly prospective natural gas and coal bed methane targets. Of the 161 wells drilled for gas, 22 displayed potentially commercial flow rates. Early production could be attained by supplying the local city of Kutaisi (second biggest in Georgia) with a dedicated natural gas supply.

With proper facilitation, and modern equipment, Georgia, could spring the surprise of the century....but, Puntland, when our time comes, may be even bigger?