Potential for Mukuyu-1's Results to be Above Market Expectations, page-266

G’day @petere - I should have used the “horizon” nomenclature to differentiate between Post-Dande and Dande.

Agree that the Post-Dande (200 horizon) is still a primary target.

But the Dande (250-350 horizon) isn’t.

My point was more that the 200-250 horizon (Dande) and also the 400 horizon (Forest) will most likely be intersected right on the main East-West fault with a near-vertical well. Which would be no good if these were still reservoir targets.

Our Post Dande (200 horizon) will sit clearly to the north of this fault at MK-2. And the Pebbly Arkose and deeper targets will be in the compartment to the South of this East-West fault for MK-2.

I marked up the approximate MK-2 location at both the 200 horizon and the 600 horizon below based on the planned co-ordinates for MK-2 in the two screenshots below.

You can see from this that at some point between the 200 horizon and the 600 horizon, the proposed near-vertical well for MK-2 passes right through the main East-West fault. From looking at the seismic sections this would most likely be at the 250-350 and 400 horizons which is no longer an issue for us.