Post by
argaiv on Mar 18, 2022 12:47am
Is Exxon Still Planning On Drilling
All of those wells on the Canje block? If they are, then they would not be drilling it if they thought there was little potential. A big company like that does not waste money on poor prospects. They can always back out of what they say they have planned.
Comment by
IceDog13 on Mar 18, 2022 9:58am
Yes, 12 well plan starting Q4 through to 2025. Our first well should be carried (JHI had 4 wells carried, 3 have been drilled).
Comment by
IceDog13 on Mar 18, 2022 11:28am
There have been "real" results, the questions of commercial results is very questionable. If you think of it this way, they have drilled two wells, and hit oil both times, their success rate is 100%! This at least says their interpretation of the geology is very good.