OTCPK:ATGYF - Post by User
Comment by
Bigbadoilon Jun 27, 2007 9:31am
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Post# 13004869
RE: so what is the market looking for?
RE: so what is the market looking for?Because this central Causeway has 3-way closure against a fault (wheras the other blocks do not exhibit this attribute), the prospect could have reserves in the lower Etive mbr of the Brent Formation.
As they do not have test data from this unit, if it is oil bearing, I would expect a test to determine reservoir parameters.( in the other blocks this zone is wet). So Im thinking they will do a test over the Etive and one over the other 2 members stratigraphically above. 10000-12000 BOPD cumulatively from both tests would not be too bad but who knows what the market expects..LOL!
Bigbadun'