JOE - GIL HOLZMAN - VOX PODCASTComments from Gil earlier this morning regarding Joe:
- Joe in precise range of Eco’s CPR pre-drill report,
- Western side of the Orinduik block has now been validated and de-risked,
- Success at Joe open up additional upper tertiary targets not yet reflected in published CPR report. These ‘new upper tertiary targets’ (many of them) now internally rank very high and are expected to have a very high probability of success... There is much more to come in terms of how big this can be...
- Joe, due to its shallow reservoirs, is expected to be extremely economic. Joe may have superior economics relative to any other discovery offshore Guyana.
There is much to like here...