ITC impress energy limited

vpe increases interest in growler n snatcher, page-7

  1. 559 Posts.
    lightbulb Created with Sketch. 8
    Lo GS.
    So the plot was there all the time.
    I have had discussions with ASX which was previously
    to be continued re investgations. I will ask for a explaination and up date but expect it will go to ASIC.
    Need some explaining
    A couple of previous bits of info from Sir Eddie in March etc and more recent.
    For the period ended 31 March 2009
    HIGHLIGHTS FOR THE QUARTER
    • Growler Oil Field production averaging 920 BOPD (facilities constrained)

    Once the recently acquired 3D seismic in our Western Margin has been interpreted later
    this year, we are confident the market will more than appreciate our belief in the concept
    that apart from the recent Wirraway, Warhawk, Tigercat and Growler oil discoveries, the
    Western Margin will emerge as a major new oil province in the Eromanga Basin.”

    Snatcher-2 is particularly significant as the well proved that traps in the Western Oil Fairway can have a stratigraphic component. The field extent is ‘open’ to the northwest.

    During the third quarter of 2009 the wells will be selectively tested at variable choke sizes to determine the optimum rate for each well. All produced oil is trucked along the Growler Production Road, then via Santos roads, to the Santos main production facility at Moomba.
    The oil column at the Growler Field has a height which is larger than the size of the closure that can be mapped on the basis of the existing 2D seismic data. Therefore, the ultimate areal extent of the field is yet to be determined.

    But no real ann. of substance re reservoirs upgrade or P reserves etc. after 8 months??????????????????????
 
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