Hi Trumpster101,
I'm very short of time at the moment, so haven't done my own assessment, but I've put some points below from reading the last ASX that should cover your queries.
Final TD:
- A prudent decision to call TD and protect the well section just drilled.
- IMO, the best estimate for Net pay in the Marti section is too apply the percentage of Net Pay discovered in the Alameda section (formally the N section) as they are the "same" reservoir. The Alameda section had 17.8% Net Pay (88mTVD Net pay from a 495mTVD Gross section), thus would expect, at best, for the Marti section that was drilled to have 17.8% of 245mTVD section ~43.6m. I would expect with the greater depth for the Marti section further porosity destruction so that the percentage of net is likely to be slightly lower.
General Pressure Increase - for all levels:
In Slide 1, I've put some quick notes down on my interpretation of the pressure increases that have occur throughout the well's drilling.
GLTAH
Cheers
VOGC
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