ARQ 0.00% 8.7¢ arq group limited

BG,I think there remains immediately to the West a small...

  1. 15,604 Posts.
    lightbulb Created with Sketch. 45
    BG,

    I think there remains immediately to the West a small untested prospect and Lilac (duster) was to the East.

    There are, as I can best make out, about half a dozen untested structures that they were willing to give prospect status to, that lie with in a 13 km or so radius from Dunsborough. On the whole they looked to be smaller.

    However, its a Tilted Horst Block that must dip to the South, which has grown from an estimated areal closure of 2.9 sq km in June O7 when D-1 was completed to the estimate of 5 sq km that Roc gives it today.

    Also I think the following comment today is quite significant:......... At top reservoir level Dunsborough-2 is 47 metres down structure from Dunsborough -1, which is 1.6 kilometres to the north and from which light (39o API) oil was recovered. The top of the cored interval in Dunsborough-2 is two metres below the top of the reservoir which was encountered 25 metres high to prognosis.

    So while D-2 is 47 metres down stucture its 25 metres higher than they expected.

    The schematic cross-section for D-1 implied that a substantial part of the oil profile was with-in the Irwin River Coal Measures.

    MI
 
watchlist Created with Sketch. Add ARQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.