OnceoverJ-51 has not been drilled yet and this thread is for...

Onceover

J-51 has not been drilled yet and this thread is for J-52.

J-52 appears to have successfully extended the Triassic oil field area according to the map on the latest ASX release.

The map shows an aerial length of the "oil fields" of about 7 km, from measurement, which is significant. Take a look at the current map and compare it with previous releases to see a more positive interpretation emerging of the extent of the field.

The J-52 well was to "provide the opportunity to confirm reserves in both the Jurassic and Triassic horizons" according to the 19 October ASX release.

The 4 January ASX ann also had the following content:

"Z Sand
This sandstone reservoir was intersected from 2790m to 2819m (29m) and had good hydrocarbon shows while drilling. Wireline log analysis calculates approximately 5m of net pay which is most likely oil saturated. This reservoir is very similar to a yet untested zone in the J-50 well and also correlates to the Ju-XIII reservoir in NWZ#2 which flowed oil in 1969 and more recently during an unfinished recompletion. The age of this interval will be determined by paleontological dating and then labelled Jurassic or Triassic and, for the moment, has been named the Z Sand.
The volume and potential of the Z Sand is to be recalculated but the Company believes it could be similar to the previously mapped Ju-XIII sand."

Why not wait for the production testing results before making wild statements like 'Killed it, I'd reckon"...after all, an intent was to check the extent of the field and they have oil at the predicted intervals.