GREY:HRTPF - Post by User
Post by
SLAPSHOT69on Jan 10, 2012 5:33am
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Post# 19384989
Have any of you read the following?
Have any of you read the following? https://www.upstreamonline.com/live/article296123.ece
Taken from the article.
QUOTE:The rig will remain on SOL-T-194 to spud an extension well of the maiden discovery to further evaluate its commercial potential, which according to HRT, could reach up to 750,000 cmd and 1000 barrels of condensate per day from a directional well.
The recent test took place at between 15 and 31 December and confirmed the presence of gas and condensate of roughly 65 degrees API at an 8 metre net pay reservoir section, indicating that HRT has made one of the lightest hydrocarbons finds ever in Brazil.
This article sounds more upbeat than their NRs, unless I missed something. Regardless, the market isn't as enthused.
Slappy