western prospect Horseshoe18 Jul 2018 12:39
"About three years ago, four years ago we drilled this well called the Q3 well, which is just to the east of Alpine Field,
right here, between Alpine Field and Kuparak River Field. I found a tonne of oil and gas in my life but when we saw the
Q3 log I knew for the first time that we had really, really outkicked our coverage. Does that translate into Aussie football,
kicked your coverage, you don't know what that means? Whatever, it was bigger than we expected, how about that?
We followed that up the next year with a five mile step out to the north extending the field. We then stepped out three or
four miles to the south west the next year and extended it again and it's everything you want on a field, everything. It's
shallow, it's regular rock, it's 24% porosity with good permeability. It's high gravity oil, it's sweet oil, it's not gas, it's just
everything you want, it's just fantastic.
So this last - I guess it was two years ago now, we dialled in our seismic to what we were looking for and once you knew
what you were looking for it was kind of hard to see before you drill it, but once you drilled through it and you had a
sonic log and you were able to really figure it out, suddenly it was a little bit like balls on a dog and - does that translate
in this country too? I just want to make sure you're still alive. We stepped out and drilled an extension. So in the
United States when you drill an extension well everybody brags about it, if you go in the Gulf of Mexico they'll say, oh
well, we had a big old step out this year, we just drilled a one mile step out through our discovery in the blah-blah-blah
deep-water field, you know what ever. A mile is a big way to go. This year we stepped out 21 miles, 21 miles and we
drilled the Horseshoe well and we found the exact same field way down here, and these are all connected between the
two."
Bill Armstrong December 2017
We are four miles away from Horseshoe#1, adjacent lease.
GBP no money to drill, probably greedy when approached and not anticipating a great big size11 from DOG.
The Nanushuk is where its at, see Decker presentation May 2018 for more and how our Western Fairway fits in to the picture.
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