Hi JustCroozin,
We all need to be patient with so much rising on this drill for the quantity of oil. We already know that it’s API is a positive, they have seismic to give the stratigraphyof Caley and Baxter, so we need to see what the outcome is. Oil, oil/ water, water or nothing. I think that covers most of the options. We go into this knowing that Fred Wehr said that he had never seen anything like it and it has been described as the third biggest find in Australia. So, this appraisal well is going to provide the size of the reservoirs in Caley and Baxter, these being the thickest strata and the most economic in terms of an oil reservoir. Let us hope for best outcome oil.
Hi JustCroozin, We all need to be patient with so much rising on...
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