The way I see it, they have done this a bit arse about. MK-1 was the appraisal well they would have drilled if MK-2 was a success. With precious little about column heights, net pay, porosity etc - it’s a bit hard to know what MK-1 was “appraising”. I think MK-2 will show the Upper Angwa is filled to the brim, and Lower Angwa is likely HC charged. If pressure / column heights etc look close to P90, then they are way over 10Tcf. Markets are fickle so could easily see MC between 1 & 3 Billion. I think it is more dependent on what they actually found in MK-1 rather than what’s potentially in MK-2. My opinion / 2c yadda yadda.
