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aminex oilbarrel conference, page-2

  1. 155 Posts.
    Points from slides 17/18 (most of which Kalmsg has already mentioned)

    •Currently reprocessing all relevant seismic
    •Reprocessing should be complete by year end
    •Existing mapping by ISIS includes potential for in excess of 1 tcf of gas in place
    •Reprocessing exercise expected to upgrade potential of this PSA
    •But there is a new and encouraging play concept emerging at Nyuni
    •Two wells to drill
    •Licence expiry in mid 2011 focuses attention on need to move forward rapidly
    •Farm-in partners will be sought for new drilling

    Looks good to me people, but patience required (as always !)
 
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