My calculations only 10.5 mtr interval devided by 2 = 5.5 million barrels ,(assumming oil present throught out the entire interval),and flows commercialy,not bad. I'll be happy with one million barrels,heres trusting.
"Caspian Chief Executive Officer Graeme Parsons said the clarification of the presence of oil in Bed III rather than Bed II is good news as Bed III is likely to be more extensive and have better reservoir characteristics. Bed III indicated strong oil shows with visible oil in cuttings with a smell of hydrocarbons and bright yellow bluish fluorescence over the interval 1691-1697m,Mr Parsons said".
Raider
CIG Price at posting:
9.0¢ Sentiment: None Disclosure: Held