RE: RE: My Take on Genel Energy Moves in KRGLooking at their presentation appears to reflect that C9 was a disappointing appraisal of C7, having been drilled to
3900 meters without success. Further to the northeast C8 was wet at 2300 meters. The cross sections shows
water below 1750 meters.
They are not looking for gas, it has zero value.
Doesn't anyone else notice the lack of information provided from C7 ? Considering that all the other wells
in the area showed an initial flush production number that almost completely disappeared in a day, there should
be an emphasis being put on C7s performance. There are people here claiming that a production number in 1936
would produce 4x that number today. In my opinion, it is more reasonable to assume that a discovery left for 75 years is more than likely less than being promoted on this board. It isn't critical that maximum flow rate was 4800 bopd but it is critical to know the minimum level, don't you think ?
I also know that you left out the very fast decline rate of the first few wells... and only reported the initial flow. That is not
even handed reporting EOIM.