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Hi Karlci
I haven't made a note of the co-ord but can tell you how to find it
Find Bonasse town go SE across the main highway and follow the road SE towards the coast before you get to the coast there is a road to the east on the end is a large clearing which is Saffron
In the SE corner the shadow of the rig can be seen
Further to the coast you can just pick out the original Bonasse well sites
Good hunting :))
Have you a co-ordiinate link bamps by any chance?
Hi Offerman
The Saffron site is fairly large, looking at google satellite plenty of room for more than one Middle Cruse well and an Upper Cruse one and more infrastructure .
This would all be within the P90 contour whereas Clove is outside.
For me the opportunities at Saffron far outway Clove and definitely left for the future
ATB:))
Hi Bamps, yes I agree completely with you there . Put it this way something interesting for sure is afoot with primary and particularly secondary horizan in LC And MC potential testing should LC not suffice . MC seemed even clearer and that was only from the logs with no testing . Something positive to me seems the outcome for saffron like you said no mention of Clove. What does make me think as well is the surprises so far at saffron who’s to say couldn’t be surprise replicated at Clove. Really speaking though why bother with Clove at this moment in time if saffron is going to deliver . maybe a worthwhile revisit at a later date for clove if the drill costs are around 300 to 400 K .
Even if reserves there are not huge but still add extra dollars to the coffers. We might have more clove we just won’t know until that’s investigated as well . One thing at a time though easy does it and within our means .
The plan is slowly coming together .
Hi Chesh
Testing of the Lower Cruse commenced early Feb
Initial testing is of the 3 horizons in the LC and then depending on results perforation of the large sand packages between the horizons
Further testing of secondary horizons within the LC may happen, this could happen and/or with the testing of the Middle Cruse.
The Upper Cruse looks as if it too has oil but testing/ drilling for another time
All looking good in my opinion :))
I think Paul Griffith of PRD when referring to additional wells was commenting about putting CO2 down additional wells not new ones though. Looks like the pilot is working
ATB:))
Out of the x3 layers Bamps.......!
surely just one being flagged as commercial (mid), another under flow test (lower) for which we wait, and a further potential of the other (upper)............!
All the best (and with corona not breaching the sands of T&T, we all good :()
Hi Offerman
I'm intrigued by what they mean of further secondary targets within the Lower Cruse. No wonder the testing is taking time.
Also noticed from the presentation that Clove is not mentioned but more emphasis on the Middle Cruse so must be a better target
ATB:))
Afternoon All,
Imho the delays in this instance with CERP are for the good and not bad news.
The geology was tricky to say the least which is why it took much longer than the previously estimated 30-45 days.
Slowly slowly seems to have done the job with no disasters along the way because of their adopted caution during the the drill rather than go bullet-a-gate.
Next came the logs which were indicative but inconclusive on LC hence the required flow testing.
We have three areas of interest in LC alone let alone the surprise MC statement about likely commercial . We also have UC shows but later date for that one as best to focus on key productional benefit interest . Cherry pick the best in order to process and fast track the REST( of SWP. ) 12 deeper Herrera targets.
Saffron has surprised with additional layers /traps and within original planned three cruse zone.
How much by way of reserves is key. Bopd is important too for organic near term capital but not as much as the reserves as that will be the bookable amount and key fast track for deals, either , partner, booking against future production , debt equity , and other options .
Shouldn't be too long to wait now though.