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Raptor-1 Log
#11

'petrengr1' pid='52254' datel Wrote:

'Getitrt2' pid='52251' datel Wrote:Thanks once again, PET! I realize there would be little certainty to this, but assuming gas and this porosity throughout a 9.5 km long formation of this shape, do you have any idea of a ball park range for the amount of resource there could be? Does it look like PRE has at least a little basis for talking about a potential 10 Tcf resource? I think it's sad that so far we are getting more information indirectly through a 12% partner than from our own IOC. I thought it interesting and perhaps ironic that PRE is getting the world's first floating LNG facility (FLNG). See slide 14.

Both the PRE and IOC maps show the Raptor "Prospect" extends from Raptor-1 to the  southeast all the way into PRL-15. This Prospect could contain multiple fault blocks and have different gas water contacts. This one discovery may or may not extend all the way to PRL 15. The overall prospect could very well contain 10 TCF if it extends 12 + KM to the southeast and has porosity similar to Antelope. IOC shows some of the structure higher than Raptor-1 and some of the zone much thicker than it is at Raptor-1. The zone should be at higher pressure that Antelope since it is deeper although we have not been given that information. So equal porosity would contain more gas at Raptor than Antelope.

PRE had stated Raptor was potential 10T in their pre-drill estimates.

Gas/condensates and declaration Raptor is an official discovery.

PRE CEO reiterates Raptor as 10T in Conference.

PRE is consistent and gas/condensates may prove to make them correct.

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#12

Tree- I appreciate your comments concerning Raptor. I hope it's ok if we dream a little.....should E/A and Raptor combined wind up with 20 Ts or so,then a baby Arun could be east of the original Arun. Hmmn....nice dream. Yeah, I guess I am getting ahead of the overall picture.  (is  dreaming hazardous to one's health?)  As Hemi says "health and happiness" to all.

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