STANLEY 1 Well
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Stanley-1 found 7.8 m net, 13.5 m gross pay at the top of a 35 m gross Toro interval that includes 28.5 m of reservoir quality sand. The GWC was encountered at 3137.5 m BKB. Alternative correlations between local gas gradients and condensate yields suggest a condensate yield of either 25 or 34 STB/MMSCF.
Based on 15m gross pay Sepalosiphon is estimate to have 150bcf which doenst include the unexpected overlying sands enountered.
Based on 21m average gross pay Sepalosiphon is estimated to hold 424bcf
Based on 28m gross pay Sepalosiphon is estimated to hold 776bcf.
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Mkt cap ! $41.50M | |||
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