Once the rights issue gets done..its all about newsflow..Yukon...

Once the rights issue gets done..

its all about newsflow..

Yukon 3d results and Cascade 3d prospective mmbo..

noone seemed to get any info out of dw in terms of if it looked better than expected.. (ie; is Cascade supposed to be additional to possible 120mmbo Yukon historical drill, or is Cascade part of that expected number)... either way.. appraisal well into that resource was the nxt step regardless..

Winx permits and iceroads completion etcetc should bring ongoing news.. in meantime i think the prospect will capture the imaginatiom of the punters so the 88e, oel and rmp sp's will benefit in leadup to spud...

400mmbo mean or best case.. a high case could be up to double and some (unseismicked area).. potential for it to be closer to 1bill gross recoverable on an absolute high success case )

i dont think that in q1 2019 there will be such a drill occurring anywhere else ) petromatads wildhorse is getting done now.. other than that eco in guyana way into q3 2019 or so..

so itll be the Winx ))

Hopefully icewine conventional farmout is done before Winx results... just in case winx fails.. they only have to purchase sae 3d dataset in order to tick a box for 3d seismic acquisition and then shoot the remainder of acreage in 2020.. if the farmout gets completed well into 2019 and not by xmas..

i see the 3d being more helpful for hrz sweatspot spotting for now, cos they have enuff from western conventional to get drilling..

Winx is a lovely punt.. it sits inbetween horseshoe and tarn/meltwater.. and is effectively targetting both sets of resource-types.. so hopefully the story does the rounds from xmas onwards so that this sp can give us some more joy...

If all this gets decent success cases.. would prefer 88e/bex cracks the ice2 horizontal for 12mill for 2500feet in summer 2019.. the risk will be worth it.. however if any of the previous 3 major projects do not come thru, then its best to farmout the hrz asap as well...

Only my thoughts ;-)