I did a short video about some of my latest Egina type lag gravel theories:


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Additional slides:



(Note: This is not investment advice and I am not a geologist. This article is highly speculative and I can’t guarantee accuracy. Always do your own due diligence. I own a lot of shares of Novo Resources which I have bought in the open market and am thus biased. Novo is a passive banner sponsor on my site. )

Best regards,

The Hedgeless Horseman

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4 thoughts on “Novo: Latest Thoughts on Egina

  1. john thompson says:

    how many square km on your pelemiter

    1. john thompson says:

      I can appreciate your map work in this area of Egina. I worked on a 3-D workstation for years. Simaliar approach. Thing I am not clear on, you mapped 24 square KM’s in the “brown area”.
      Can you tie that area into a relationship in the 2200+ Km’s Novo has acquired in Egina. Can this approach be pushed out to the Big Picture??? 24 Sq Km is but a small portion of the possibles??

      In the 3-D world, we would find a bright spot, drill it, it worked, then just look for all similiar Bright Spots on the survey. When the successful bright spot was discovered, the seismic attributed that defined the commercial success, they used to harvest the others. It was literally shooting fish in a barrel. On one 20,000 acre 3-D survey, we drilled 44 gas wells in row. no dry holes.

      That is the hope I envision here, find the successful Bright spot, and apply it’s signature to the other spots in the 2200 sq. km’s?????


  2. Barry Dawes says:

    Excellent work Erik.

    I must find some time to discuss all this with you

  3. Allan says:

    Thank you Erik for all your work, especially on NVO and Irving. I am impressed by your filter analyses.

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