RE: Interest in the project17 Apr 2024 09:35
Morning , Jarv , Meadow ,Filthy, Eddie , JC, Penny, Kylie et all here for years, late on parade (late night / no drink involved) see we are more infested than yesterday with new MOAMM's and clueless π€‘π€‘π€‘π€‘
They probably no idea that our fate still hinges on the locals, drilling is great but without the acceptable facilities and route to monetise, denied the super major/majors and tier1's who left these huge assets, so we are now in a position to
have our minnow holding (a much bigger than boil have mapped) an asset originally mapped and seismic 3,571sq km FULL License, Boil only played with 1/3 of it.
As said for 4 years when it was brought to the market on Shells figures of over 5 tcf plus many additional leads they thought oil or more gas over LARGE condensate fields, one of those caught on the limited boil seismic 2013 kyranis re run now called Quokka..........its only going to get BIGGER.
Tiny market minnow holding a Super Major Shell's developed asset with discovery ch1 well 25m gas column, CH2 is determined 149m , 6 times the thickness , ch1 on the edge of the field, ch2 a sweet spot, GIIP and reserves will increase after the drill.
Shell words not mine, all follow up wells to ch1 , given a COS of 100%, call me old fashioned but , one tends to believe a Super Major's words, over the clueless guesswork thrown around on most boards.
Ducks line up and it's a Mega Multi bag scenario, next door Sunrise at 2021 o and g conference valued at $60+ billion, those pre gas boom prices. Making Boil's snail paced limited area catch up worth around $40 billion according to the London TL Ambassador in his statement after Andy visited recently, or on old Shell data MORE than Sunrise. π€π€π€