From the Discord chat stocksluice — heute um 00:38 Uhr
Wow, listening to that Steinke interview makes me more confident in the three consecutive posts I made a while back on the analysis channel (starting with this one):
https://discord.com/channels/807823288041996348/810790660814012457/841738016292864032
Trap? Exceeded expectations? Big news release expected in July? Will they report abnormal formation pressures? Of course I can't say with anything close to 100% certainty that 6-2 will ever be a production well. Please take note, all this is purely speculative on my part. We shall see... One thing I can say, if they do report significant abnormal formation pressures in one or more of those active petroleum system formations encountered by 6-2, I won't be the least ("broken") bit surprised.
AkoWall — heute um 00:59 Uhr
This certainly aged well:
https://discord.com/channels/807823288041996348/810790660814012457/835147174823985153
On a more serious note, the other semi-interesting part from the Steinke interview is how he discussed sharing the full analysis from 6-2 & preliminary from 6-1 together. He mentioned this would be enough to start to estimate the potential from the first basin and extrapolate out to the other 4 basins.
IMO this gives some further indication to something @stocksluice and I were chatting about a month ago that well #3 will likely be targeting a different sub basin than the first one because they have sufficient learnings from 6-1 and 6-2 to discuss a JV for the first sub basin already.
6-2 + 6-1 proves out sub basin 1 geology. They extrapolate out to the other 4 sub basins by updating their geologic models. Well #3 drills into a different sub basin to prove or disprove some of their modeled extrapolation for the other sub basins.