P2597
P2597 LICENCE SUMMARY
LICENCE
- 6 Year Innovate
- Blocks 208/7c, 8c, 9a, 10a, 12a, 13a & 15a
- Effective Date 01/12/2020
PARTNERSHIP
- Athena Exploration 100%
PROSPECTIVITY
| GIIP (bcf) | GAS RESOURCES (bcf) | COS | |||||
| Feature | P90 | P50 | P10 | P90 | P50 | P10 | |
| Hale | 1031.00 | 1616.00 | 2548.00 | 694.00 | 1218.00 | 1929.00 | 33% |
| Culswick | 146.30 | 357.30 | 704.10 | 96.30 | 236.00 | 469.90 | 17% |
| Vaila Lead | 53.70 | 153.90 | 326.10 | 32.30 | 94.10 | 206.10 | 19% |
| Dunbeath | 212.00 | 331.00 | 519.00 | 158.00 | 249.00 | 392.00 | 29% |
| Bow Castle | 26.70 | 63.20 | 123.20 | 16.00 | 28.60 | 78.40 | 19% |
| Tulach Mor | 88.00 | 193.60 | 375.70 | 56.50 | 125.50 | 246.80 | 21% |
| Dun Beag | 35.20 | 76.50 | 146.00 | 22.60 | 49.70 | 96.10 | 15% |
| Gurness | 432.80 | 1265.10 | 2463.70 | 303.00 | 885.60 | 1724.60 | 25% |
| Bruan | 136.10 | 338.60 | 678.60 | 89.40 | 224.50 | 454.30 | 5% |
| P2597 Total | 4395.20 | 3111.00 | |||||
MAIN RISKS
- Trap Effectiveness
WORK PROGRAMME
- Obtain 167 sq kms 3D seismic data.
- Complete a reservoir quality study of the Vaila Play Fairway, a biostratigraphy study to address reservoir age and uncertainty at the Culswick Lead and a tuning analysis study
- After 2 years determine the licence or commit to reprocess 200km2 3D seismic to PSDM and complete an AVO and Inversion study including rock physics and forward modelling.
- Drill or Drop well to 2240m or 50m below Base Tertiary, whichever is shallower