The odds are stacked in our favour BIG D. Drilling a small distance updip of the successful discovery at Ntorya 1, with the same rig that served us well last time around and a (by all accounts conservative) 60% COS.
Let's not forget, we've got only 7.175% interest in the KNDL (28 BCF resources KN1) compared to a STONKING 25% interest in the Ruvuma PSA, where Ntoyra (1, 2 and 3) is looking to prove up 1.1 TCF prospective resources.. !!!
It's all about Ruvuma for SOLO and next step NT2. No wonder NR is getting excited, so am I !!
They are drilling straight into the sweet spot. NR's background is more on the geologist side, so I can only imagine he has a better understanding than us mere mortals of what down there. He seems quite excited not something you often see.
Interesting conversation about what NT2 could produce on a daily basis once pipelines are connected subject to a 1 tcfg find. Mentioned a figure of 80 - 100 mcfg per day. Pipeline maximum is 500 mill as I understand.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.