05-16-2013, 04:39 AM
'petrengr1' pid='22501' datel Wrote:Palm- If you look at http://www.interoil.com/iocfiles/documen...0Final.pdf Page 19 you can see the size of PRL 15. Raptor could have been included in PRL 15 but it is too late now since they are already in the sell down process. It looks like IOC wanted river access and then road access on both ends of PRL 15. Also covers part of the pipeline route. I don't think we have enough information on Raptor to say it contains gas. It looks to be too far from Triceratops to be included with the proposed PRL there. I think our best hope for Raptor is for PRE to drill a well at Raptor, make a discovery, declare a location and apply for a stand alone PRL for Raptor. I don't know if IOC/PRE will run more seismic at Raptor before they drill Raptor-1 but if they are going to get it drilled this year they will have to hurry. If they start preparing a drilling site that will answer that question. It would be great to have applications in for PRL's at Triceratops, Raptor, Tuna and Wahoo but the last three will require a discovery first.
If we laid out graticular blocks side beside from West to East at Triceratops we would only need about 7 blocks to cover Triceratops, Jaguar and Leopard. Two blocks left over for north and northwest of the presently shown Triceratops.

