Antelope South-1

[sageo]

If Saxon Palmer likes the fact that Antelope South is partially under Antelope Field he must also like the fact that Mule Dear is partially under Antelope Field http://tinyurl.com/palye9e ; slide 26. It appears to me that since we have gas at Antelope and Raptor we have considerably de-risked White Tail and Mule Deer. These two smaller prospects are lying between two sleeping giants.
As far as Raptor is concerned this one seismic line make it look like they may have at least two separate reservoir traps. There could be more if there are some fault traps along the way and depending on how far down dip the gas column extends from Raptor-1.  The western end of Raptor could be another reservoir where the upper end of the formation is below White Tail and seals against the White Tail fault.

These Raptor wells are getting pretty deep. Raptor-1 was drilled to 4032 meters (13,329 feet) and the wells to the East will be deeper. On Dec. 3, 2014 the Company press release said:

 “The Company flared gas and condensate from the Raptor-1 well test. Raptor is only 12km west of Antelope and the deepest well drilled into the Kapau limestone reservoir, encountered at 3,800 meters. On November 14, 2014, the Company notified the Department of Petroleum and Energy (“DPE&rdquo of a discovery at Raptor-1.

Results from the testing program, including pressure measurements, support the presence of a multi-hundred meter hydrocarbon column in excess of the 200 meter gross gas interval already encountered by the well. Logs indicate a highly fractured reservoir system and mud loss during drilling supports the likely connectivity of the fracture network.”

We do not know what “multi-hundred meter” means so we do not know how far down dip the gas column goes. We could at least imply 200 meters plus multi-hundred meters would be more than 400 meters (1,312 feet) but I expect it to be more than that.

Some of these prospects may be difficult to drill if we have to drill through an upper over pressured gas zone to get to them. I guess that is a good problem to have. Too many over pressured gas zones.

Pet - Many,many thanks for your additional comments on the Raptor discovery .