P2603
P2603 LICENCE SUMMARY
LICENCE
- 6 Year Innovate
- Blocks 214/4c, 216/29a, 30a, 217/26a, & 27a
- Effective Date 01/12/2020
PARTNERSHIP
- Athena Exploration 100%
PROSPECTIVITY
| In Place (BCF) | Recoverable (BCF) | COS | |||||
| P90 | P50 | P10 | P90 | P50 | P10 | ||
| Dun Telve Cretaceous | 653.0 | 2110.3 | 5183.1 | 339.1 | 1106.7 | 2756.1 | 11% |
| Dun Telve Palaeocene | 56.6 | 160.2 | 333.6 | 31.1 | 88.9 | 187.2 | 13% |
| Dun Troddan Cretaceous | 235.4 | 657.8 | 1519.4 | 121.9 | 343.7 | 806.9 | 8% |
| Dun Troddan Palaeocene | 474.0 | 1303.2 | 2621.1 | 260.7 | 721.9 | 1478.7 | 9% |
| Cairn Liath | 879.4 | 1665.1 | 2846.8 | 581.3 | 1124.6 | 1971.9 | 16% |
MAIN RISKS
- Trap Effectiveness
WORK PROGRAMME
- Obtain 500 kms 2D seismic data
- Obtain 153 sq kms 3D seismic data.
- After 2 years determine the licence or commit to reprocess 150 km2 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