RE:RE:ScrutinyAgreed WS and Soul. The NR said "has successfully reached total depth (TD) of 20,450’ on the Wei-1BP1 (Wei-1 bypass exploration and appraisal well)."
An "exploration and appraisal well" is one that is drilled to appraise certain properties of an oilfield that has already been discovered by a wildcat well (Kawa). Why some are still on this absurd notion that a discovery has not already been made and nobody will be able to shake anybody out of shares. Only shorties would advance such a silly notion.
The NR goes on to say (paraphrasing) that the drilling confirmed pre-drill expectations. So the fact that Kawa discovered oil has been reinforced.
OK so now we're into what are the future plans for Wei-1 bypass. I'm just tossing out ideas. Feel free to refute them. In fact, that is exactly what I want. The next phase after appraisal is development wells. A development well is used for production or injection. My friends tell me that Wei-1 is designed as if it were a development well.
Wei-1 may well serve as a future development well. If not, then no big deal, there's better places to drill development wells. Whether they morph it into a development well or not is irrelevant. THE OIL HAS ALREADY BEEN FOUND! Sheesh I said this in January 2022 after Kawa.