GREY:ENGFF - Post by User
Comment by
steadfaston Apr 11, 2011 3:10pm
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Post# 18415130
RE: RE: Sinister Intentions?
RE: RE: Sinister Intentions?While you are discussing potential. I would like to point out that in Jeff's NR - it was clear
"an estimation of the prospective hydrocarbon resources in EACH OF THE DRILL SITES BEING
CONSIDERED". Then goes on to say the "3 well drill program on the Lotshi Block in late summer
are still on schedule". So, my original interpretation is we will get the Resource Estimate of only
the 3 sites to be drilled - and I would expect there could be more drill sites on the field, that might have the
potential to be drilled.
So, we must keep in mind we will only get the estimate of those being considered, it is possible
they will find oil in 3, then get another resource estimate done for further drill sites.
My thinking is the 353M barrels from 1993 Report would be the field, not 3 drill sites. We also
know Jeff has referred to a giant field as 500M barrels of oil.
Your comments would be welcome.