'admin' pid='64006' dateline='<a href="tel:1446001 Wrote:["I can assure you that people anywhere in the world would die for a 1,112 foot gas column in 100% dolomite. Let’s hope that is what they report after reaching TD."] Yea, thanks for that, Pet. 100% dolomite in a 1112 foot column, as the quality of the rock seems to matter much more, as you argue that 95% of the gas is in the sections with dolomite, this is indeed quite a spectacle to behold!
PET has shown the board readers how the estimates could rise and why . This fits with Hession statements that the mid case has become the low case or the high case becomes the mid case . That's 11.8 T's the high case moving to the mid and a payment near $2.5 Billion for the mid case the number we get paid on by Total . So what is the new high case . .?Using 13.7 T 's as a new high case and we don't know how many kilometers of 1100 foot dolomite we are adding this is not an unreasonable guess the payment jumps to $3.571 Billion if proven as P-50. We get paid on the mid case of course .
So we have several kilometers more gas to the West and several kilometers of dolomite to the SE . The estimates must rise .
A former executive guessed we receive on this payment $3-4 Billion . Not out of the realm of possibilities . See PET's work and see why higher estimates makes sense . How much higher is to be determined .
It's a big deal this extra dolomite and It's almost November with the payment due mid 2016 .