Originally Posted by
jdg
being mindful of hype, from 2D data OEL say of one area within SC55:
"A deep water block with massive reef and turbidite reservoir potential with Direct Hydrocarbon Indicators, Marantao has prospective resources of 3.3 tcf gas or >1 billion bbls oil, with a number of further leads for follow up."
yip, chances of this type of strike occurring are slim, but the potential for a company transforming find are there. one can't help being a little excited by that. moreover, OEL have many such prospects in numerous acreage, let's hope the farm outs continue.
-j