interesting read on the pipeline as well: "Heritage Oil also...

interesting read on the pipeline as well:

"Heritage Oil also provide an estimate on the
required reserves threshold of between 350 and 400mmbbl at $80/bbl to make the pipeline commercial viable. Tullow had
previously indicated a 400 million barrel of oil equivalent reserves threshold at $80/bbl that would make an export
pipeline from Lake Albert to the East African coast economic, however they indicated that under falling oil price
environment a higher threshold of 500 million barrels at $60/bbl would be required. To date heritage Oil and Tullow
have discovered over 2.0bn bbl of gross upside between blocks 1, 2 and 3."