Upcoming Spud of Lockyer2, page-8

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Pottermore

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20/02/23

23:34

Post #: 66359410
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Originally posted by OldGeo: ↑

Hi SGTM73,
I my humble opinion, Lockyer Deep-2 will be a successful gas appraisal well (refer to geological cross section below);
Intersect the Kingia at around the prognosed depth of -4,250m TVDSS, 330m downdip of Lockyer Deep-1.
The Kingia sand will hopefully be gas filled to base; if the indicative free-water-level (gas-water contact) interpreted from Lockyer Deep-1 is correct, it will be gas filled to base.
Net gas pay similar to Lockyer Deep-1, possibly thicker at around ~25m.
Hopefully good quality reservoir in the net pay with high flow potential.
Pressure data collected through the Kingia in Lockyer Deep-2, should validate the indicative free water level interpreted from Lockyer Deep-1 (Free-water-level / gas-water-contact) at 4,560m.
Since 54m of core is planned, this core will provide important reservoir quality information over the gross Kingia interval and possibly some of the High Cliff Sandstone.
Lockyer Deep-2 hopefully will confirm that the greater Lockyer Deep structure at Kingia level, is gas filled at least -4270m.
Although gas and oil shows may be encountered in the shallower Dongara/Wagina, I believe the reservoir quality will be poor (low flow potential).

Kind regards OldGeo

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These 2 wells (LD2 and NED1) are being drilled and set up as production wells as per ASX announcements, not exploration wells.
That means that there is a much higher expectation that there will be a significant yield IMHO.
NWE Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
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Upcoming Spud of Lockyer2, page-8

Top Stories

Syrah jumps +19% as graphite tariff threat spurs optimism down under

A new NASDAQ listing for a key player in the global critical minerals space

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Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

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