RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Tangible From Q3 2020 conference call
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Now I will turn to block 10 on slide 11 in Q3, Sherritt completed the analysis of on a second set of samples supplementing the preliminary testing that we did back in the second quarter. Unfortunately, the latest analysis confirm that the water produced during the test period, it's from the loss circulation zone, those of you who followed our Block 10 developments will remember some of the challenges we experience in this zone and it's located at a depth of approximately 5,300 meters and above the target oil reservoir. The analysis also confirm that no viable technical solution to prevent the further flow of water into the existing well as possible. While we still believe that the Block 10 reservoir contains oil the existing well cannot be used for future production purposes. We are currently reviewing our options with respect to Block 10 including seeking an earn in partner and at this time we're not contemplating any further investments in Block 10 without first securing an earn in partner.