[quote='Relker' pid='66440' dateline='1454518541'] Management stated that the new high case hypothese might increase the reservoir by 3 TCF. What do you think about the dolomite impact? [/quote
Relker- Here are a couple of quotes from the Nov. 13, 2015 presentation http://tinyurl.com/hdce75h page 17
1. “Potential 1-3 Tcfe upside identified in western flank – JV considering further appraisal”
2. “Potential 1-3 Tcfe upside identified in western flank – JV considering further appraisal
An additional appraisal well could add 1 – 3 Tcfe and enhance our certification payment by $400 million to $1.2 billion.”
As you know the dolomite is of paramount importance. The further it extends to the west (or any direction) the better for IOC. If we look at http://tinyurl.com/palye9e page 13 we can see the new (most westerly) fault on the map to the left. This fault trace seems to be the same as the black line on the gravity graphic to the right. The black line seems to include the bright red area which could be the reef. On this map the fault is moved about 2 km west of the fault of the previous interpretation. (directly west of Antelope-5)
Now let’s have a look at the latest presentation http://tinyurl.com/z4yzgue ;
page 14. Now the newly interpreted fault (most westerly) has taken on a completely different shape and it is now only moved 1 km west from the previous interpretation. (directly west of Antelope-5)
I guess it is pretty absurd for me to try to guess how far the dolomite might extend to the west when even IOC can’t make up their mind where the fault is.