Cool, so you may be able to get some additional slack in the cover by milking from the first splice towards the second. If the entire jacket is toight like a toiger then probably not.
You might not really see any appreciable difference from one splice to the other as far as breaking strength with slightly different bury lengths. I feel the bury length has a bit to do with the security of the splice when unloaded.
The most important component of a strong splice is even balance between cover and core. This means all fibers will distribute the load rather than more core, resulting from a baggy cover in the eye, or too much cover slack remaining in the body of the rope, for instance.
You'll more than likely be able to put 2 splices in the remaining 100' due to more slack being available in all that cover to fully bury the second eye.
Only the test will tell where it breaks...best of luck!