Edin.OIL & GAS official thread

Buzzard Chronology.

25/4/01 Drilling starts on block 20/6

7/6/01 PanCanadian announce success on well 20/6-3.

5/7/01 PanCanadian announce success on well 20/6-3st.

2 WELLS DRILLED PanCanadian ESTIMATE 200-300 Million Barrels RECOVERABLE.

17/1/02 20/6-4 encountered a similiar payload to 20/6-3.
19/10-1 and 19/10-1st delineated the western limit of
the southern portion of the Buzzard accumulation.

5 WELLS DRILLED PanCanadian ESTIMATE IN EXCESS OF 400 Million Barrels RECOVERABLE.

4/4/02 20/6-4st Confirms an extension of the Buzzard field.
20/6-5 Successfully intersected the fields oil water contact.

7 WELLS DRILLED although 20/6-4st confirms an extension of the field no yield upgrades.

20/6/02 20/1-3 and 20/6-6 encountered oil bearing sands and confirmed the
nature and extent of the Buzzard field.
20/1-4 establishes a significant oil bearing reservoir.

10 WELLS DRILLED PanCanadian ESTIMATE 800 - 1100 Million Barrels of oil in place
(at 50% recovery this equates to 400 - 550 Million Barrels RECOVERABLE)


Come on Encana, 5 successful wells since 17/1/02 and virtually no upgrade.
Get those figures out and give us EDGers a good start to 2003.
( 1 Billion Barrels recoverable should do the trick )


cheers
Dave

tks bomfin