BNK
said
the
main
target
in
the
535,000
acre
concession,
along
with
the
previously
awarded
Seeadler
and
Steinadler
concessions,
was
a
fractured
carbonate
play
within
a
proven
hydrocarbon
system.
It
added
the
carbonates
were
in
direct
contact
with
organically
rich
shale
and
it
believed
the
project
had
the
potential
for
wet
gas
and
liquids
rich
production.
“Similar
to
the
prolific
Austin
Chalk
play
in
the
United
States,
the
company
believes
that
these
naturally
fractured
carbonate
reservoirs
can
best
be
developed
by
using
technologically
advanced
conventional
horizontal
drilling
and
completion
techniques,”
BNK
said
in…
