Well if the oil shows are in a good quality channel sandstone as...

Well if the oil shows are in a good quality channel sandstone as predicted by the 3D seismic then its off to the races.

1, The Snatcher 1 well has proved hopefully an extension to STO Charo field and on production should flow between 500 to 1,000 bopd (ie like Gowler).

2, The new 3D that the ITC joint venture is acquiring right now has a key control point ie Snatcher 1, simply put ITC can see where the channel sand are, which are the high producing zones and that is where you want all your exploration wells to intersect.

3, So with the discoveries that have proven oil entrapment such a Mirage and Ventura but poor reservoir maybe the 3D can see channel sands crossing the closure so you immediately have follow up well locations with almost no risk of failure.

Good luck to all holder, not that you need it.

cheers

PC43