• Logging results from the Anshof-3 well confirmed 2.5-4 m of productive net pay at the primary Eocene oil target and 14 m of net gas pay at the Miocene sands. The secondary Cenomanian oil zone is not likely to be productive at this location due to low permeability (this is not a surprise).
• The Eocene net reservoir thickness at Anshof-3 location came in at the lower end of predrill expectations (slightly above the P90 case) but thicker Eocene reservoirs are expected to the East of the structu ....
17 Jan 2022
ADX Energy Limited (ASE: ADX): Positive logging results at Anshof-3
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ADX Energy Limited (ASE: ADX): Positive logging results at Anshof-3
• Logging results from the Anshof-3 well confirmed 2.5-4 m of productive net pay at the primary Eocene oil target and 14 m of net gas pay at the Miocene sands. The secondary Cenomanian oil zone is not likely to be productive at this location due to low permeability (this is not a surprise).
• The Eocene net reservoir thickness at Anshof-3 location came in at the lower end of predrill expectations (slightly above the P90 case) but thicker Eocene reservoirs are expected to the East of the structu ....