Potential for Mukuyu-1's Results to be Above Market Expectations, page-287

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Davy Boy

16,232 Posts.

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13/07/23

15:16

Post #: 68771979
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Originally posted by butcherano: ↑

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.

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Interesting turn of events on the carbon front.
Siberian Forestry carbon credits have been donated to the Zim carbon credit fund by Belarus...... through the ex, seemingly dodgy, president of South Africa, Zuma.
Not entirely sure this is a good thing....tongue firmly in cheek.....
https://www.barrons.com/news/zimbabwe-s-carbon-exchange-kicks-off-with-belarusian-gift-55ca006e

IVZ Price at posting: 13.3¢ Sentiment: Buy Disclosure: Held
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Potential for Mukuyu-1's Results to be Above Market Expectations, page-287

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Potential for Mukuyu-1's Results to be Above Market Expectations, page-287

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