The ADX and XST quarterly reports have some interesting snippets of info in them as follows.
ADX quarterly;
“The well encountered a thick, porous and permeable Bireno reservoir of upper Cretaceous age overlaid with an 80 m sealing shale section. An approximately 20 metre dolomitised section is of particularly good reservoir quality with an oil sample retrieved.”
Particularly good reservoir quality gives a very good chance of flow testing success ??
From the XST quarterly;
"Other zones of interest in the Sidi Dhaher well are also still being evaluated for potential testing"
So the other zones haven't been written off yet so this must be a good sign ??
“Other zones of interest in the Sidi Dhaher well are also still being evaluated for potential testing. There are a number of attractive follow up prospects for drilling in the future, and it is particularly noteworthy that the terms of the Tunisian Production Sharing Contract are designed to fiscally encourage exploration in the Chorbane Permit following any oil field development.”
This probably explains the slow and methodical approach undertaken for flow testing. Plenty of exploration to occur in the future on the permmit so want to get on good terms with ETAP.
DYOR
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- very interesting indeed !!!
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The ADX and XST quarterly reports have some interesting snippets...
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