CTP 2.04% 4.8¢ central petroleum limited

cut out all this crap chat.I spoke to a #E Siesmic guy and I...

  1. 5,948 Posts.
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    cut out all this crap chat.

    I spoke to a #E Siesmic guy and I found out everything CTP would have need to know in 15 seconds. Here it is

    100 sq km @ 25,000/km
    mobilisation $500,000
    total cost about $3,000,000M for 100 sq km.

    essential to do 3D because need anti-clinal structures unfortunately echelon fractures are a problem, usually on a 500 m spacing more or less depending on rock properties.

    (Imagine an underground ridge - where oil collects and where rock fractures are opened up - chopped up like salami into 500 m sections and then each piece translated horizontally)

    Therefore, need 3D and can guarantee where to drill to get maximum value and flow from drilling.

    I found that out in 15 seconds. So what the (expletive) are they doing?
 
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