steveaverest,
Those are oil in place figures, only 5% recovery figures so far which will be 10%+ hopefully after testing. The recovery figures will be important as fractures and crude quality are important factors here. The oil trickling out of Marti-5 had a decent api figure compared to the northern heavy oil belt so we might be on something here.
The company will need seismic to validate the potential further and then step out appraisals.
Best of luck holders
steveaverest,Those are oil in place figures, only 5% recovery...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
