RE:RE:Total stock upargaiv wrote: You do not hit paydirt on every well you drill. NARA 1X is 30km to the northwest of Venus 1X. It was not commecial, but that does not necessarily mean there were no hydrocarbons.
Total is not a pumper they simply stated the DST, which takes a long time to assess pressure over time, was positive which translates into positive commercial determination.
In Europe they arrest corp officers if there is even the slightest wbiff of pumping stock with anyninfo that could be mis interpreted....less you say the better. If this happens you are finished in social and professiona circles. In canada its the opposite everyome pumping no one gets arrested haha and even if they did doesnt matter 50% of population has criminal record LOL.
Now they need to flow test and assess oil gas mix to determine expected bbl / day on this one hole and extrapolate very rough commercialmpotential from there.
Regardless, Prime it still doing 23K bbl day $97 bbl Nigerian crude plus more is likely from recent work.