RE: Where does this leave us?6 Mar 2023 09:16
Kevin you really need to read, it was there first well, and its one zone the smd which has better reservoir quality, they just need to drill slightly deeper.
"Alkaid #2 also penetrated the shallower shelf margin deltaic ("SMD") reservoir, which management estimate to contain over 400 million barrels of oil ("mmbo") recoverable resource. The addition of these resources to any potential Alkaid development will significantly boost economic returns. The data collected indicates the SMD has significantly better reservoir qualities than the Alkaid anomaly"