Where is the Gas/Water Contact and the Elusive Western Fault?

[admin]

Pet, if I get you right you seem to say that:

1. under the particular circumstances the angle of the fault plane can be expected to be low (below 20 degrees)
2. If that is true, Antelope 7 can be expected to hold a considerable amount of quality source rock (which is the thing that matters more as we know it contains most of the gas).

So the expectation is that Antelope7 is likely to add considerably to the resource certification, which, under the SPA we have with Total, would lead to a large resourc payment, with which IOC could survive on its own feet.

One of the things I dislike most about the deal is that we don't know the certification and a high certification would make selling the company much less necessary.