G'day there Vascoblack/Cunners!
Referring to the probability graph on page 10 of the update that I remarked facetiously upon before, ('Longtom #2: Resource Potential - Nexus calculated resource potential post drill – Lower Zone Sands'), one is led to directly interpret the graph as management stating that they guage the probability of 50/50 that the Lower Admiral formation resource is 500BCF.
If you were an optimist ... this could allow you to pursue daydreams of the insides of the office of the man who would one day displace BHP & ESSO, on that fateful day, when, the breathless junior reservoir engineer/technologist bursts in & says ... 'Sir, sir! we have now combined the data received from the Upper Admiral with the Lower Admiral & it's not a BCF well! ...
...
Tis a TCF well!!'
: )
Apologies, couldn't help myself ...
: )
Maybe the pessimist will only see that a redrill will now be necessary whilst the realist will simply understand the trend & go with it, relative to their own risk/reward appetite, who knows!
Good luck whatever you do anyway ...
Warm regards!
: )
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G'day there Vascoblack/Cunners!Referring to the probability...
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