Poll .. well results... Tortue-1: 5 - 12tcf recoverable. Conservative estimates. Largest ever discovery offshore west Africa. up to 22tcf in greater Tortue-1 prospect. Substantially de-risks Mauritania. Working hydrocarbon system. Excellent well to seismic calibration ( :-) ) .......confidence in future exploration given confidence in Mauritania Seismic. Two more Mauritania drills this year. "We are still on location at Tortue". Further Mauritania and Senegal exploration throughout next year as well. .......... high impact wells. Potential multiple source blocks. Northern Mauritania blocks we believe are Oil blocks, - without question 'we are framed by Oil' .. lot of potential for oil as well as gas in Mauritania. Sub sea architecture is simple. Full well plan in 2015. Happy days !!!
Atwood achiever. Intrigued! Kosmos found 12tcf in the secondary target which was world beating in itself. It then continued drilling to the primary objective for that large oil reservoir yet no news to date and supply ships back and forth several times during the week whilst the drill ship sits there. What's happening! :-) I'll be glad when it's off to Morocco which is another fantastic prospect ... ;-)
Just read this "Earlier this week, UBS took up coverage of Chariot with a “buy” recommendation and a 450p target price" from May 12 2011 in the FT. Only a matter of time before we start re-rating with Brokers given the #Mauritania 12tcf Gas and massive #Senegal oil finds !
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