After reading briefly the VPE presentation I noted in the thread that WASA started about the wells coming up.
The interesting thing about the upcoming program is that
all the wells are known to us in egards to old 2d data.
The growler wells/tigercat/liberator and ascendor are all 2d. I assume that the 3d mapping will be used to improve their position but ultimately we know the oil is there already.
The Snatcher well came along as a test to these channel sands which we all agree is pivotal in the scheme of things and we know that VPE mentioned in this preso that there could be a further program around the Charo oilfield if there is success. They mention another 2 wells.
Now other than Snatcher the rest of the fairway is unknown and untapped. We have no idea how big or small this is and how many targets may well come about from the seismic processing. The wells to be drilled were going to be drilled anyway and I have this sneeking suspision that the program will change once the results are out. Yes more development wells but also new targets and how many - who knows.
Exciting stuff . Good time to buy today.
Add to My Watchlist
What is My Watchlist?