Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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"The Truth will set you free"
Sure it will - especially when factual posts are removed by the rampers !
Rather than discuss the actual CPR from IPO and the latest Mengo /Djeno result they get the post removed.
To the poster who said Schlumberger must be wrong then - that's not what I said at all if you open your one brain cell. There's a reservoir but there is nothing from anyone including Schlumberger on areal extent to back up the ridiculous claims of supporting 50,000 bopd from 10 wells compared to the assumptions and metrics in the ipo CPR..
Djeno results = "Wireline logging confirms the presence of a 12 metre oil column in the Djeno proving a functioning reservoir in this formation in the Tilapia permit area". This is much less than even the low case 50m column in the IPO CPR that gives 2.9 mmbo net.
This is simply not true ! They haven't' even touched the real Djeno field yet!!
The 12m oil column belongs to the most upper part of the Djeno field. That's exactly the reason why they are drilling deeper now!
This is the next bit of news due either tomorrow or early next week I expect:
"The Company is seeking the revocation of the order at a hearing in Pointe Noire this week on several grounds including that the equipment and oil at the site is the joint property of SPNC, the Government (in the case of the oil) and the Company, and therefore has been wrongfully seized. The judgment of the court may take a few days to be delivered."
Unfortunately there appears to be an outbreak of myopia here
Sorry to leave you on your own tiburn all I have is a sea of green so plenty of effort coming in from the trolls ,they have virtually taken over, maybe if you leave them to it they will argue against each other !!lol
The truth will set you free.
resistance is futile
get some
No impediment to drilling now and the plan rolls
Reservoir proven
Ten wells planned
5000 bopd x10 = 50,000 bopd
$400 million net revenue a year to AAOG based on 56% share
get some
This company is going to make anyone invested a lot of money
The facts are there now for all to see