I'm determined to understand this.
So what benefit is there in drilling Blackwood, What am I not getting?
And... I've re-read the Jan 31 report and it states that they are reviewing the Heron-2 well "to determine the reasons for the lack of permeability through the Darwin formation at this specific location. The joint venture continues to believe that significant resources may still exist in the Epenarra and Heron structures."
I'm also confused about the fact that they production tested the deeper Elang/Plover formation which is the section at the very bottom of the well containing the gas bearing fractured carbonate zone (P50 GIP 5.5 Tcf) but talk about the lack of permeability through the Darwin formation which is on the way through. What do they mean by "lack of permeability?"
FYI:
Epenerra - Darwin formation (gas bearing fractured carbonate zone)
Heron - Elang/Plover formation (Potential standstone reservoir)
Thanks in advance.
Cheers
"Jane"
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