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Well, my views are shifting with the view by the minute. To me...

  1. pj
    2,090 Posts.
    Well, my views are shifting with the view by the minute.

    To me it just beggars belief that the JV would choose a location for SNE 2 where the second blocky sand was not at least expected to be present as intimated on FAR's artistic N-S seismic. But then if you look closely the wells can't all be on that line anyway as as SNE 3 and SNE 4 are way more to the west.

    Also FAR on their contour map image has SNE 2 slightly to the west of SNE 1 and Cairn on their map image has SNE 2 rather to the east of the SNE 1 so again, no match up!

    And FAR on their contour image map has the green area which is meant to represent the oil water contact (?) stretching way beyond in all directions, in direct contrast to the artistic seismic where it stops well short, so what to make of that and who knows what we may find

    Once again, and against my rotated dip theory expressed above, the fact that SNE 3 and 4 (Bel) are both well to the west of the SNE 1 and SNE 2 N-S line may be supportive that the JV is concentrating their efforts to the left hand side of the map (all closest to the rise).

    I guess it is notable that CNE's Simon Thomson commented with the release that:

    "The results help to confirm the overall scale and extent of the resource base in Senegal and further appraisal activity is expected to lead to future revision of the estimates. We now eagerly look forward to the results of the SNE-3 well"

    While the overall tone of this is positive I think for an upward revision of resource it does seem to imply that that is not yet certain from the current results and still dependent on SNE 3 and beyond, so maybe that offers your theory a glimmer of hope

    pj
    Last edited by pj: 08/01/16
 
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