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Gold/Mining/Energy : Swift Energy (SFY) -- Ignore unavailable to you. Want to Upgrade?


To: TRUE_TRUTH who wrote (1239)10/4/2000 7:18:44 PM
From: greatwhitenorth  Read Replies (1) | Respond to of 1602
 
Truth, I think you are right about the upper Tariki potentially cycling back to the south as you get toward Kauri. That is consitent with some mapping I have seen. It definately appears that the B2 location can intersect both Upper and lower Tariki. The Cretaceous is a question mark to me. It seems like they have found some reservoir quality rock in both wells to date, but not any commercial hydrocarbons. It seems unlikely that B2 will even go down to the cretaceous, I suspect they will wait for the Kauri location to go that deep again.

So far the information flow on how the test is going is tight as a drum. I've heard they are flaring (no tanks) which sounds like gas and oil (or condensate) with higher gas/oil ratio's than B-1 (which is as you have projected), although I am merely speculating, any thoughts?



To: TRUE_TRUTH who wrote (1239)10/4/2000 11:11:36 PM
From: PuddleGlum  Respond to of 1602
 
Truth- I think you're right about "Offshore" rather than "Onshore", since that fits the facts that we already have. Could have sworn I heard it as I wrote it though...

BTW, if Shell buys Fletcher that'll make Shell the only game in town, which the NZ government may be unwilling to permit.

pg