So we've all been talking about the deeps these last few months. Does anyone have an understanding of what's going on with the shallows? From reading past RNS's there seemed to be continuing work in the shallows. There was mention of extending an existing field to a new layer and there possibly being significant oil there, but it's all gone quiet?
Whoa, what? Am I reading that right? You're saying GKP have more oil than all of Saudi Arabia? Or Saudi someone else? Not Saudi Arabia...they have proven conventional oil reserves of around 300 billion barrels. GKP have proven of about 200 million! Even if the early GKP estimate of 3 billion is correct it's still 1/100th of the Saudi reserves.
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