RE: If17 Apr 2018 22:40
Difficult one to answer MSW. Sound at Tendrara are drilling a multi TCF prospect, potentially 10s of TCFs across the licence, and i forget which drill 6/7 but one of them nailed it flowing at 17.5 scuffs per day. The reason it�s difficult to answer is because the drill itself only proved up 300 bcf of gas, and also didn�t test the deeper paleosaic layer which is a bigger prize, but fundamentally this was a major piece of the jigsaw in proving the theory that this is one big, cumulative gas reserve. Currently Sound/ Schlumberger have nearly finished $25M or so of 3D Seismic and further drills are up and coming to prove up the size of Tendrara.
I�m sure there are some more died in the wool Sounders here who will hopefully correct me on the figures, but hopefully you get the picture.