RE:multi well drilling in Q1 2022peterj99 wrote: My opinion:
They mentioned a multi well drilling program for early Q1 2022
They will target traps and conventional reservoirs encountered in their stratigraphic wells.
I never use the word multi to describe 2
If I mean 2, I say 2.
To me, multi means many.
How you would drill multi wells (by my definition) with one drill is beyond me.
They should get a few more drills on site ASAP
I wish they would get a better sense of urgency.
The higher the share price, the less dilution required to raise money.
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https://www.upstreamonline.com/exploration/its-a-wrap-reconafrica-finishes-namibia-shoot-ahead-of-early-2022-wildcat-campaign/2-1-1087216
ReconAfrica advisor and geophysical consultant Shiraz Dhanani said the company is set to start “a multi-well drilling campaign early in the first quarter of 2022, targeting seismically defined traps and conventional reservoirs already encountered in the stratigraphic wells". Reservoir potential
Jim Granath, a director and geological consultant at the operator, last month said at a PESGB-HGS African E&P event that Kawe 6-2 identified three potential reservoirs of Karoo-age below about 700 metres, and a further two possible carbonate reservoirs at a deeper pre-Karoo level.
The potential Karoo reservoirs could be up to about 95 metres thick with “excellent” porosity, he said, adding that Kawe-2 “did not identify a source rock".
"We didn't expect shows"
Commenting on the shows found in the well, Granath said: “We didn’t expect the shows we got. We wouldn’t say they are discoveries because that word is a little bit tainted, a little tricky.
“But in several respects, they do look like they’re some kind of an accumulated column. Whether they’re moveable (hydrocarbons) or what sort of volumes there are, has yet to be determined.”
ReconAfrica said the shoot was acquired within budget and on schedule by Canadian contractor Polaris Natural Resources, with 80% of the seismic team being Namibian nationals, mainly from local communities.