On the Nyuni PSA in Tanzania, evaluation of Kiliwani North and the surrounding prospects is now complete and the results are tabulated below. Kiliwani North is estimated to contain 40 BCF in place at the Pmean level with the likelihood of a high recovery factor. The Nyuni prospect, first drilled in 2003/4, is estimated to contain 207 BCF from Aptian/Albian sands. Resources in place from other prospects, unrisked, total 1.2 TCF at the Pmean level and 2.5TCF at the P10 level.
Choice
KEY Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held