Carapa-1 proves extension of Cretaceous They found oil but the net pay was only 4 meters, so the extention was confirmed and that was most important for ECO, and the thin play might just be the best out come for ECO because this will draw Tullows attention more towards Ecos block. I think this was a really good outcome for ECO.
From release today:
>>While net pay is lower than pre-drill forecasts, the 27 degree API oil supports the significant potential of the Cretaceous play on both the Kanuku and adjacent Orinduik licences.>>