Will just have to be patient with the actual newsflw from the Caley around late May or when the drill bit & MWD tool drill past 3800m+ depth (assuming no dramas).
At D#1 the section around 3853-3947m in the Caley had decent shows etc. So at D#2 this could come in slightly deeper as they r drilling in a downdip location to suss out the oil water contact (OWC).
I think the JV missed out on a DST at D1. Quadrant should have factored it in the dirll plan, especially with a 8.5" dia hole. I guess the owners of Quadrant had other plans at that point with the sale process, oh well 12 months later i guess more info will b revealed about the reservoir at Dorado.
Will just have to be patient with the actual newsflw from the...
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