The well reached a TVD of 12,455ft in mid-December 2012. Electric logging operations confirmed net pay of 31ft in the Cris R II and 49ft in the Cris R III sands.
Post drill, gross reserves are estimated to be 952,000 bbls oil and 0.4 BCFG in the Cris R II & III. The well will produce the thicker Cris R III reserves following which the overlying Cris R II will be completed for production.
Very fast drill so far , The extra time estimate could be for Side Tracking to
improve the Pay zone if desired .
There was mention of the Well running 40 to 50 feet higher than expected,
DNR Well report now Wed our time , surely an Ann before that.
CH$$RS R15
GGE Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
