Your right Mak with logs and spectrometer and the on site Geo they would have a fair Idea on whats down there but they do need to flow test before reporting results and estimates
The release tells us gas is down there
asx release dated 16/11
The results of logging have
confirmed the thicknesses and the presence of natural gas in the zones which were
identified in Shell Oil’s 1980 operation and have reinforced the strategy to re-enter the well.
With the added bonus which has not been mentioned much on this site
same release
In addition, a second Tuscaloosa zone, approximately 1,000
feet shallower than the primary Tuscaloosa sand target, was confirmed as having gas
production potential.
@ pay zones for the price of one, the most interesting thing after all the test and that is how quickly will they be able to tie to production and when is the next drill?
These are the real long term movers of FUT
I am really looking forward to perforation when ever it is
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