RE:RE:ActionI would sum up my thoughts like this;
The BRF was expected to hit the crest at 1200 meters and instead found it at 1140m before hitting granite. Based on how quickly management decided to drill (before partner meeting) I believe they think the oil extends into the “thick apron” of the Lower Talang Akar which they state as “on-lapping” the AYU-1X “high”. The down-dip to that structure is expected to be 700m south (and 300m down?) from the location of the AYU-1X site. Hopefully – the AYU-1X drill found oil but hit a fault before knowing its true vertical extent. I’m betting with Management that the oil extends down into those sandstones. Would welcome a counter to my argument. GLTA