Going to be interesting watching the news flow from here.
UK
In my ignorance (or is it lack of free time..), I had missed the point that they had for all intents purchased Midmar assets and raising was for drilling and work over.
(refer capital raising presentations slide 6).
So like it or lump it we are about to be a producer and with drilling to take place it always gets fun.
Tanzania Nyuni
Seismic results...
We all want to see them..
With Black Marlin combining with Kristina Capital Corp on the TSX, there will be more talk about Nyuni.
On Friday Orca released their last quarter results.. a couple of interesting points in this.
http://www.foxbusiness.com/story/markets/industries/energy/orca-exploration-announces-result-quarter-ended--june/
1/ "...The immediate short term infrastructure issues have been resolved and there are plans in place to increase throughput capacity to 105 MMcfd...."
2/ "...During Q2, the total throughput of the infrastructure system averaged 59 MMcfd; accordingly there is 31 MMcfd of spare capacity at current approved operational levels...."
3/ "...The Company is currently working with Songas to design a system expansion that will initially enable 140 MMcfd to be transported through the existing infrastructure...."
4/ Forecast cost to hook up SS-10 is US$1.2m, this is offshore so we should be below that..
I am interested to see what happens here, coz it wont cost us a lot of money to have UK and Nyuni producing...
Lampedusa
News expected?
I was looking at this picture.. (keeps reminding me of something..).. and it is interesting when looking at the images on link below..
Show me Tunisian info!
Good document to read.
"..A total of 50 international and Tunisian petroleum companies are involved in exploration
activity of 52 permits in Tunisia (36 onshore and 16 offshore)..."
How did KEY get these? Is it old Hardman ground?
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