Member Info for Marmited

PCL's announcement was bad news for them, but it does further prove the potential and is good news for everyone else with interests there.

The Fan contained approximately 50m thickness of interbedded sands and claystones that were water-wet. (poo for PCL)

Wet gas signatures, indicative of oil, were first encountered in the overlying shale section and persisted throughout the target interval, indicating that there has been significant hydrocarbon generation in the area. (So where has it gone to?)

The trap failed..

with the best type of trap.... it is key. otherwise you end up with C-1... it can migrate elsewhere..

Of course, its evidence... to be fact its need the drill bit hence the Stellar mandate.

ONLY the drill will prove what is down there, I know that, but boy is it shouting out 'drill me' imo.

oil seepage is evidence..

Absolutely... they really should stick the bit in gembrok as not only does it have the best type of trap, it also has oil seepage all along the faulted flanks.. oil seepage accounts for more than 80% of discoveries from over 2700 wells drilled around the world..

https://www.ane.na/news/announcements/upbeat-outlook-oil-gas-prospects-namibia/

I'm not ramping.. its all statistical fact.

Wild cats are a gamble.. ours is well worth a gamble taking imo and I believe the oilers do to..

Here you go TheRealist

Traps..

http://www.geologypage.com/2015/02/petroleum-traps.html

All the info is there..

“Global Petroleum’s technical team is both intrigued and highly encouraged by its recent work which has confirmed the Gemsbok prospect, a structural closure extending over 200 square kms. It is unusual to identify such a large, robust structure at prospective depths which does not rely on stratigraphic trapping,” Global Petroleum said.

https://www.offshoreenergytoday.com/global-petroleum-hires-seabird-for-namibian-seismic-shoot/

Oil seepage - fact... show me otherwise
best type of trap - fact... show me otherwise
proven oil system in basin - ... fact... show me otherwise

Show me its not just a case of discovering WHERE it is..

With facts..

who has changed their tone The Realist? I hope you are including me in that statement..

Well something looks afoot for sure! Interesting..

Loving your confidence!

I'm not going to say much as i'm nursing my bruised ego! :-D

Question, where are you comparing the two? I cannot find a similar link on the AEC website.

Ref PCL drill: Positives for us.. feeling sorry for the PCL holders though..

Wet gas signatures, indicitive of oil, were first encountered in the overlying shale section and persisted throughout the target interval, indicating there had been significant hydrocarbon generation in the area..

Would have been so nice for it to be on 2 fronts though ;-) Just looking now..

Dismiss the message below.. PCL RNS out..

Over to Char to find the stuff.. looks like Its migrated somewhere... Anticipation.. pffffff :-)

Easier if I just put up a link.. https://www.asx.com.au/asxpdf/20180924/pdf/43yl2yz8rxly0c.pdf

Proved at least one source rock :-)

Pcl news out.. Well I got that wrong :-)

I do remember and I did have a look but as you say the site looked as though it was going through a revamp so left it for now. I'll take another look..

If a contrarian can back up there view with facts/proof than that is valuable information.

Really? No, I enjoy putting the jigsaw pieces together. I also like to put stuff out that I see or learn and hope a contrarian will challenge it. It is easy to be blinkered and that can put you in a losing position.