Hi kongg,
Apparently the Avivi-1 well will be a similar sized target to the first Ugandan well!?!
Potential recoverable reserves along with the mandatory government approvals IMO will be announced soon?
"Tower has advised that inquiries are now well advanced to acquire a drilling rig to drill Avivi-1 with a planned spud date by 1st February 2010. Activities have begun to prepare an Environmental Impact Assessment for approval by the Ugandan Government."
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01009211
JB
neighbours, page-9
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