MOG 0.00% 0.5¢ moby oil & gas ltd

any comment , page-13

  1. 4,366 Posts.
    I agree Oscarone. Indep expert's report gives us some big numbers at 'best estimate' gas/condensate case = 1322Bcf/64mmbbls, and oil case = 397mmbbls. Little risk in reservoir presence, expected porosity, permeability, but as with stratigraphic pinchout-type trap high risk of something wrong with seal (because it needs perfect seal both below and above the reservoir AND no thief zone at upper pinchout edge). IF this thing's full of oil it should flow like the clappers as well, so massively profitable field when developed (a bit like a tilted version of Tui oilfield but bigger). Just need to get that big 'IF' sorted!
 
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