RE:RE:RE:Nit Picky Sporty, well if that's the case that Wei was never intented to be DST'd then they only have near borehole info. Is that enough to project into a reliable resource estimate for the reservoirs? I know that they use AI these days in order to integrate all seismic and well info into creating a reliable geological model. Are they sharing info with other operators as well? The larger data set would render a better model.
Yup, based on sp stability your estimates make sense. The current rendered model probably gives a high probability for the numbers that you mentioned. Given no more info that's the current market value.
So I wonder what fec's forward strategic plan is. Sell Giyana interests and deploy capital into Colombia? Lots of opportunties there. That pipeline from the port to the refinery alone will add a lot of value. Pipeline crude to refinery, turn crude into value added products like gasoline etc, pump to port to be loaded onto tankers. They control the entire supply chain. Integrated oil company.