Thermogenic Hydrocarbons

[Dr. Wu]

in Bobcat and Raptor (and likely Wahoo, which is why they want to go back in), plus new 2D Seismic that "appears to show the Antelope structure is substantially larger than mapped under previous resource estimates by independent third party reserve auditors"

Now we know why MH sounded so bullish on the call and why Laurie Brown joined IOC and then promptly raided his trust to buy stock.

I think we all get it now...

[Palm]

And now running seismics to the east to get a read on those prospects. "Basin Masters"

[jdeo1969]

http://www.gaschem.com/determ.html

For those who are not aware of why this is important.

[jft310]

Further they said The basin may have tens of T's plus possibility of oil . Most important locked up as a PPL for 6 years plus maybe 5 more. By then how much of the basin will be locked in a PRL.
This dream is coming into focus big time . End of next year over $100 for keeps.
Just think Phil found all this just couldn't monetize it . A shame really .

[sageo]

http://www.gaschem.com/determ.html For those who are not aware of why this is important.

Jdeo-Thanks for posting that important info about the types of gases(hydrocarbon gases). Very good read. Sure sounds encouraging about the possibility of "down- dip oil".

[jft310]

An IPIer stated this was an oil hunt but they would take all the gas they found. Who knows ??

[jdeo1969]

"In contrast, if a gas show is found to be thermogenic in origin, then the possibility exists that the gas derives from a gas cap overlying a down-dip oil leg. That possibility can be further evaluated from specific aspects of the composition of the thermogenic gas "

I like the sound of this possibility from the link I shared above.