Topo says it all, thanks YA.
Does anybody know off hand whether or not it was a requirement to drill P2 before KR1, or was it purely COP's decision?
Throwing my positive cap on, I speculate that it was COP's decision to drill a well to determine the extent of the structure rather than drilling KR1 to prove she will flow. If this is the case, COP are 100% certain that Poseidon will not only flow, but she will gush, otherwise they would not have thrown more good money into this venture by testing the extremities first, that would be entirely pointless and a waste of money if no flow was a possibility!
I know there are contractual obligations to drill a certain quantity of wells in a certain time frame in each block, however, why poor an EXTRA 100 mil into the fold if there was complete uncertainty?
Just my musings, could be way off the mark!
Cheers
p2 & beyond, page-3
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