KAR 0.51% $1.48 karoon energy ltd

poseidon - unleashed, page-6

  1. Ya
    6,809 Posts.
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    U r right Scitty, data is from P#1 only b'cpz LPC dont hold WA-398P (just 314 & 315P & Poseidon straddles 315-398P).

    The nxt well Z#1 (after B#1) is due west of Kr#1 closer to the reef, so if the PLover sands r gas bearing over there as well, then the area covered by the Greater Poseidon field will go up naturally & so will the resource estimates.

    GRV represents gross rock volume' (i.e Length x width x thickness) & that's where the two reservoirs Montara (thinner) & Plover (thicker) come into play. As u said, Montara is the bonus.

    In y'r time, do chk out the qtrly updates frm both WPL & BHP on the ASX archives.

    These contain the flow rates frm the Jurassic Plover sands for the wells drilled in the last decade at Torosa-Brecknock-Calliance.

    Nearology flowrates below:

    - Brecknock#2 : 151m thk gas column, 44 mmcfd on 1" choke & 21 mmcfd frm another sand on a 40/64" choke, 8% CO2
    - Calliance#1: 172m thk sands, 41 MMcfd & 20 MMcfd.
    - Torosa#5: 47 mmcfd flow
    - Call#3, Brck#3, T#4 & 6 all appraised & confirmed the gas bearing Plover,
    - Brck#4 was a dryhole.

    The facts r all there on the public domain. All COP-KAR need to do is flow a couple of these wells successfully & update their model for this field.
 
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