MidDig & OldG
PANR (see OEL) is drilling a turbidite fan at the moment in Alaska. The first well showed 1.000 m (I do not remember the exact number but it was big) full with oil shows. They perforated some ft only to get 50 bbl/d. So PANR is drilling a second well , hoping to find in the upper part better permeabilties and flow rates.
What I want to say: I do not think that the whole super fan in Namibia has to be filled with hydrocarbon. It would be already a success if the upper part of the fan (where you had the higher velocities during sedimentation) is full of HCs. In this case I would not care if the lower part of Saturn is full with reservoir water. And than you wont need this high numbers for the source rock neither?
It will take some time and more drilled wells till the oil companies can crack the code in Namibia, as Exxon has done so successful in Guyana.
But of course, it would be a game changing investment if the whole super fan is full of oil and gas up to the spill point.
Sell off, page-57
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $35.61K | 2.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 8102178 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2723420 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PCL (ASX) Chart |