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Re: tortman post# 1460

Thursday, 11/25/2010 1:17:43 PM

Thursday, November 25, 2010 1:17:43 PM

Post# of 54302
Another excellent update...By examining the numbers, one can come up with a number of conclusions. For example, the company expects "Triassic age lithology" below the 10827 ft level (3000m). This is interesting because we know, from MR#1 they encountered a Triassic surprise at the 10833 ft level. (This put the late Triassic 1600ft higher than expected.)With MJ-#3 we can conclude they expect the same Triassic surprise. Looking ahead, assuming the geology is similar, we can expect gas shows starting at the 12400ft level. These gas shows should carry on for about 650ft. In short, by examining the results from MR#1, one should be able to stay just ahead of the drill bit and perhaps be on the lookout for surprises.Of course I expect them to hit the early Triassic (Scythian) age at the 15238ft level. From there they'll have to determine if the oil came from deeper, or if it migrated horizontally from under a structure out in the Mediterranean. Perhaps from under Leviathan where the Permian is expected to be lower.
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