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The well is an appraisal, the original number 1 well had 25 meters of resource rock,sands,I doubt this well will be dry,so fingers crossed.
It also appears that the Boryslav-Pokuttya unit is the same as Skyba unit,and an extraction from,Geological quarterly,2012. The Boryslav-Pokuttya unit of the Carpathian Foredeep is the main oil-producing unit unit in the Western Ukraine, of 39 fields discovered 37 are oil and 2 are condensate,the Boryslav oil field,one of the largest onshore fields in Europe is located in this region.
35%API low sulphur.
I've found I'm almost sure is Balzhiv-1 well,producing from Yamna beds,Paleocene, reservoir rock,25meters,so where does that leave this new well??
Often with the translated letters get misspelt, the unit described as the skuba,is actually the Skyba,and some very interesting information available,and yes it covers a fairly large area,of know oil deposits, anyone willing to argue??.
How big a tank would they need 26km2,by what,any well won't span greater than 2km times depth of oil play,so why is the fact that 26km2 is the lease ,a high light, for a certain deramp
Krok,yes its more than possible,but why spike the sp,why go Ott when ,there is no apparent purpose,they don't need the money??
What I can't understand most companies that are trying to raise money,could over state the findings,I don't think its true here.
Can I throw this into the discussion, 50meters higher than expected,an up dip,oil trap?.
I suppose they no from the core samples that net pay is 207meters,I wonder if there is any information about the other producing wells in same field,was wondering what information is out there.who drilled original wells??
First two,10.45 are buys,one was mine.
Is it for real,will it flow?
My last top up 6p,red.
I have been constantly put off buying into ANGS,by the constant legal battle,and the swampy brigade,so I spent last two days reading up,now having read the hatchet job,especially the Observer news paper,I would say an article in March 2017 was trying to incite the swampy lot into action,with out just cause.
Sqz,jog,both very disappointing results,at least we have a well with 240ft net pay,and a large lease area,new field discovery. And I'm fairly sure the SP credits PANR with nothing other than base value.
Why such a lot of tiny buys or sells,they can't be real,never seen so many,very very unusual??????
Some reasonable buys,against small sells,I'm not surprised.
Could have been low quality oil inZOI Well,let's be thankfully for what it is decent quality oil,now when ZOI has given up some of its oil ,we will also have water to lift,enhanced production,same as Saudis do.
I would thinks so,the leases and 3d,spend by GB around 600 mil $,and if you consider the 40%API,500k leases,I think it could look very good,bargain.
400ft oil find,40api,a new oil discovery,right close to oil pipe line,500 thousand acres,of leases,and a real decent cut,around 75%.and all some posters can do is moan. .