Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

Free
Message: Philip O’Quigley's Presentation

I listened to that section of the presentation a couple of times as Phillip did not bring that up in his presentation here in Vancouver. He mentions that all the seismic work done by Hess was on the conventional structures and "none" of the seismic was on the unconventional structures!! I thought the vast majority of the Scott Ryder and RPL estimates for oil and gas were in the unconventional areas - so I was somewhat discouraged that $57 million in seismic work didn't even address the unconventional portion of the Beetaloo. If the "conventional" structures don't show a vast quantity of oil and gas - how will this impact Hess's decision to drill or drop??

Share
New Message
Please login to post a reply