Morgan Stanley this AM

[petrengr1]

Pet, if AD is below the A gas-water contact, why is AD potentially such a good exploration play? Because of a much lower gas-water contact in AD or a large perceived formation deeper below the water?

Getit- If the fault is a sealing fault and the map is an accurate depiction of the trap, then Antelope Deep could be a separate field with a different gas/water contact. I am thinking the dark contour lines represent 250 meter intervals in which case the closure would be more than 500 meters or it could be full of gas to the spill point which may be as shown to the south. So Antelope Deep could just be another member of the string of pearls. Each pearl will have its own gas/water contact and has nothing to do with the gas/water contact of other separate fields.

Here http://www.interoil.com/iocfiles/documents/investorrelations/presentationanddocuments/2008/2008-01-10_San_Fransisco_A_Dermedgoglou_final.pdf ; chart 18 is a picture of what they thought Antelope might look like back in 2008.

Link does not work. Go to the IOC web site and under presentations scroll down to the last item and click to see the map. Page 18.