This timescale 88E/BEX are working to is just fine.
When the next FO round starts, we want the best possible prepared data available for Farminee Applicants to study.
It is interesting to think, Charlie-1 is our first all-88E/BEX conventional drilling project. Since PMO dropped out!
We have spent over US$100million before arriving at Charlie-1.
And then by totally unpredictable chance, it is free.
We should be VERY grateful, and work on this project assiduously.
It takes many months for Charlie-1 instrument test results and drill sample lab results to be assimilated with past 3D Seismic data.
Then re-interpret and reassess the Region A.
I think there is still a long way to go, of positive lab and computer investigatory work, on this conventional oil project.
And still HRZ to fully reveal!
The world of geophysics, chemistry, sensors, computer technology has moved on significantly since the 2016 Icewine-1 days.
Charlie-1 with HRZ is like a brand new start on HRZ, but supported by the lessons learnt from Franklin Bluffs work.
This is going to be BIG, just as we all believed coming into this in 2015.
The magic is coming back to Central North Slopes exploration, at last.
Our work to date has barely scratched the surface of this massive oily land mass we lease.
The potential here is VAST, just as it always was.
Phrontist
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