Yes,, " gerkin " ..it's interesting stuff all right..!! Could very well be an additional pay zone in H-1,, as you say..!!!
Initally,, i was'nt over confident about H-1,, mainly because the geology of Lower Frio is very complex, and makes it hard to get a hit,!! Those boys on the geo team have my absolute respect, i can say,...as that was a job extremly well done... I did think that it would be commercial, but was thinking more like 1 to 1.5 MMcf/d... The figures quoted are not yet final of course,,but it does look like 4 to 5 MMcf/d....WE are resource speculators, so the info so far is OK for us,we don't need the guarantees of a mortgage banker ..!!!!
Lets not forget also, that if the "" H-1 fault "" reservoir is large enough, then they will pump down another well or wells..on development.. They have the advantage of the " down hole " seismic 3D shot now... and that's the big pluss for Scott-2 also...
The're cooking now mate..!!! The only thing is ,,that you might get worn out, with all this " smiling and waving "" that you're going to have to do..!!!!!! AND then again.............Maybe NOT.......LOL..
AZZ Price at posting:
0.0¢ Sentiment: None Disclosure: Held