CAMPANIAN While the Jaguar-1 did not reach its primary target, Turonian basin floor fan, it certainly seems we have hit several fans containing light oil higher up in the well. Cough... Cough... CAMPANIAN...
I certainly think this is very positive and look forward to having some numbers assigned to those 'higher targets' - at least to those targets that reside in the Corentyne Block.
Reading the Tullow statement - they also indicate having recovered light oil from these intervals as well. Note, if these intervals were water beaing - would believe Tullow would have certainly reported that information. I have followed Tullow for more than 4 years now and they have always been ultra conservative with their news releases and report information as a 'matter of fact'.
Moving forward, I have my calander marked for the Tullow conference call - July 25, 2012. They will certainly provide some type of clarity as to what their future plans are with the Georgetown Block.