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Re: miamidrift post# 160596

Tuesday, 05/05/2009 11:52:12 PM

Tuesday, May 05, 2009 11:52:12 PM

Post# of 367090
Canaccord suggest that the Obo-1 well deliberately did not target the largest pre-drill prospect in JDZ block 1, (ie A1). They suggest a smaller but more certain prospect on the other side of a fault was selected in order to be almost certain of hitting oil not gas, to calibrate the seismic and to confuse the other companies still negotiating nearby blocks.
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