i'm not blessed with the technical knowledge of all things o&g, but i did note the following from the qrtly report on xanadu ....
"All available data is currently being integrated to estimate the range of total crude-oil in the Xanaducurrently mapped Xanadu prospect"
structure. The data indicates that in addition to the potential of the up-dip structure previously
announced, there is now evidence that “down” structure volumes are also present within the
does "down structure volumes" mean that the find may be larger than first estimated [i.e "up dip structure volumes" plus "down structure volumes"]?
the knowledgeable ones may care to enlighten me, please!
thx
Ann: Quarterly Activities and Cashflow Report, page-3
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