Great analysis Ya.What strikes me is that even the disappointing Nanushuk levels 4460' to 4530', with moderate oil shows were classed as "lower end of commerciality", subject to further petro physics studies.This being the case, the Primary Nanushuk levels 4667' to 4901' with elevated mud gas levels and encouraging similarity to nearby successful well - must be comfortably within the range of commerciality, subject to further analysis.Same applies to Torok sequence 4 with elevated mud gas levels and oil shows.There doesn't seem to be much doubt that the oil is there: the outstanding question is not "is it commercial" but "how commercial is it".Maybe reading too much into the wording, but the words seemed to be chosen very carefully.
Nanushuk v Torok, page-11
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