Finders Keepers15 Jul 2020 09:41
Depends on what world class meaning is .
Not 100% on this but I think it is 0.5tcf and above in terms of reserves . I think we could be around that but if not we have the second well on the structure and 2000ft more to go at which is original target. Remember upper and middle Herrera sands is a massive bonus for us and poss a new play. It's the lower Herrera Sands I believe that most produce from .
Check out thrust sheet traps and analogous pool data on how they work out reserves which is very interesting and you then understand why a second drill is needed especially if another structure below. Many many things they look at to define what they have . A second drill will help that assessment further while also going for deeper structure.
I don't believe Paul would come out saying it's world class on a whim because he was excited. They have far more knowledge and data to back it up. Now it just depends on what he himself calls world class.
Don't get me wrong as 200/ 250 bcf would be outstanding considering he wasn't expecting what they have found but he believes more is to come from this find at casc.
As always just my opinion.