They've already mentioned that the fluid sample had heavies, so I am not expecting any more update at this stage. However the complete lab analysis report should b with COP by now. Not sure if KAR will tell us anything at this stage.
Once they collect another sample frm KR1, then they should have a fairly good idea of the overall heavies at Poseidon (expectations were for 33 bbls/mmcf, Cond:Gas Ratio). Heavies denote C3, nC4, iC4, C5's etc.
U r right, the GWC at KR1 is deeper then the C sands, so any other deeper sands (triassic sands namely) could turn out 2b water wet. We just have to wait for more updates once we get there.
cheers
KAR Price at posting:
$7.22 Sentiment: Hold Disclosure: Held
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