RE: If this goes much lower....19 Jun 2019 10:24
I would invite you ALL to revisit the Operations Update of 7th November, and after 3D inversion completed. An additional 500M barrels were added to Icewine Conventional's net figure.
"The Company recently updated the conventional prospective resource at Project Icewine based on the newly processed 3D inversion dataset. This data highlighted features, such as feeder channels, associated with the prospects, providing further confidence in the mapping and the geological model. Additionally, further analysis has provided positive insights into the prospects / discoveries identified in the shallow Schrader Bluffs Formation as well as the deeper Torok Formation. These insights are particularly encouraging by comparison to recent successful production testing in the Nanushuk Formation discoveries made over the last four years on the North Slope."