Petro Matad (PRTDF)

[pro_s2009]

Looks like a transcript of the TV interview.

https://www.inews.mn/a/10477

Basic points again.....

Gazelle still very much in play, thought to be drilled on the edge of the Strat Trap and so expecting much thicker pay in alternate location.

Heron-1 - no water produced at all, very much thinking that its bigger than 25 MMBO recoverable pre drill estimates. This man seems to think the lack of any water means much bigger........ Mike has not said that yet, he refers only to the very conservative 15% recovery factor used pre-drill. Maybe he is saving the water/size upgrades for the presentations to come........