Is the herd asleep, or have they foot & mouth?17 Mar 2025 08:58
Summary of news on large untapped gas field in Georgia
· The State Agency of Oil and Gas of Georgia confirmed Block's operational rights to the Upper Eocene, Lower Eocene and Upper Cretaceous in the Samgori South Dome ("SSD") field.
· As a result, resources for Project III increase with the addition of 574 BCF 2U unrisked prospective resources to the existing 2.7 TCF 2C contingent resources.
· The consolidation of the field into XIB allows it to be advanced alongside the Project III appraisal plan.