Ah ha ..... go to page 16 of the London Investor Presentation February 2012, under Future Development Well Costs ($10M ea) in the follow pdf doco and you will see the intended layout for Oilex's Cambay Field:
http://www.oilex.com.au/investor-in...3/10/22/investor-presentation---february-2012
That gives you an idea of the potential big plan post establishment of commercial flow rates.
Here's some other bits and pieces:
25/5/12
"FUTURE WORK PROGRAMME .......
[post 76H]
Oilex and its Joint Venture Partner, Gujarat State Petroleum Corporation Ltd, are working closely together to formulate a drilling programme for the next phases of work on Cambay Field.
The first stage of work will comprise a well to be drilled from the Cambay-76H pad with the intention of re-entering and maximising the value of the large stimulated rock volume around the 610 metre well bore at Cambay-76H. The detailed design and precise location of the well will be finalised once engineering feasibility studies have been completed over the coming weeks and an update will be provided once drilling plans are finalised.
Following demonstration of hydrocarbon flow from this well, the intention is to proceed with a three well work programme. This subsequent phase is designed to acquire cores, modern wireline logs, reservoir fluid information and production test data that would assist the independent certifier to move contingent resources to reserves, generate sales of oil and gas for local markets as well as evaluating the significant potential of the deeper, tight reservoirs at Cambay Field."
This is where I got my (well, not really my) idea that 77H could possibly be a
bonanza well, and could possibly have something todo with the recent/current slow down to make sure all the ducks are
exactly lined up, no more f/ups ...... fingers crossed, this will be Ron's biggie blow your socks off Eagle Ford sit up and take notice of these curry flavoured fireworks.
Goodnight.
