GREY:MESNF - Post by User
Comment by
McBeanburgeron Feb 15, 2014 4:04am
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Post# 22213412
RE:from TAG quarterly report
RE:from TAG quarterly reportthis part is key imo
a) | The Whangai Formation source rocks penetrated in Ngapaeruru-1 is 293 meters thick, it's highly naturally fractured, the fractures are open, and each fracture zone correlates well with elevated oil and gas mudlog shows. |
b) | The hydrocarbon-filled porosity exceeds the minimum standard thresholds for unconventional reservoirs. |
c) | Permeabilities within the Whangai section exceed standard unconventional reservoir thresholds |
d) | The Whangai Formation has very low clay content, indicating fracture stimulation can be highly effective. |