Member Info for blackgold00

Seismic RNS

"Furthermore, the new 3D seismic images a possibly even larger area of gas charged reservoir sandstones, beyond the high confidence area established by the new seismic inversion modelling. This provides for potential additional prospective gas volumes associated with the Cretaceous age sand units tested in NT-1 and NT-2 (Units 1 and 2) and for the possible existence of an as yet undrilled shallower sand unit (Unit 3), to be tested by the forthcoming Chikumbi-1 (CH-1) appraisal well later in the year. An upside aggregated GIIP volume for the Ntorya accumulation based on a success case in multiple stacked sands at CH-1, is estimated by APT to be up to 7.95 Tcf (approximated to a mean unrisked P10 GIIP)."

Oh yes I do rojo, do you realise the the CH-1 well could be proving up an additional ( 4 TCF of gas ). Yes just got to sit tight, and put up with you lot. Lol 😂

Not long now though

Yes I agree

Please God, give me strength

"Yeah well that's enough of the compliments drewky.

It's just not on.

Yes, it's dam right creepy

"All the excitement of a broken fairground carousel."

RoJo, for god sake man, what are you doing here, for your own sanity, get a life.

"You don't need much for a small company like Aminex, "

Mr moi, the PR group all has a contract with ARA, that might tell you something

"BG bashes on, but he hasn't changed his tune in years."

I've just followed the geology RoJo, as the understanding has matured overthe years, i don't think any of us could have imagined, just how big the Ntorya discovery and Ruvuma prospects, would become. Nothing short of amazing and all onshore as well.

And what about the Zubair's ?

RoJo,

"There is also the inconvenient reality that they don't have the dosh to pay for the pipeline."

Reality? They have a supper size gas field, a gas processing plant with 120 mmscfd of spare capacity, gas infrastructure to their main city, new power stations being built, new industry crying out for more gas. And you think that between them the government cannot get the wherewithals to build a little 30 km spur pipeline. Reality RoJo, get real 🙂

".my point here is the government are holding both projects up for the same reason...greed."

Well, some might see it like you, but just maybe, they, the Gov, ( who are not experienced dealing with ( long-term energy needs and big multi national oil/gas companies) are just being, over cautious to get the right deal for Tanzania.

Why do some people think that every person on the planet is corrupt ? It's not so. 🙂

" am guessing we are facing the same issue as Shell etc are with their LNG ....greed is the major issue here"

No Alca, you're guessing wrong there, the LNG project is many years away 10 or more so, plus its a project that will cost many multiples of investment compared to what is needed to get ( little Ntorya) on stream.

Ah sorry, no, Ntorya is not so little is it. Lol 😂

Yes, agree Roger

" President Xi Jinping pointed out, the hope of the China-US relationship lies in the people, its foundation is in our societies, its future depends on the youth"

I think he means the indoctrination of the youth, by dehumanising and Derationalizing their natural powers to reason.

Yes agree Crusty, but one RNS could change that view entirely.

Also, I would imagine the workstreams of both the 30 km pipeline to the processing plant by TPDC, and the CH-1 drill and workover/testing of Ntorya-1 and 2 wells, will be worked in concert to complete at the same time, approx. No good one without the other. So they could be waiting on the final design of the pipeline, Before its all systems go. Money costs ?

"And the TPDC will need $US to satisfy their obligations BG. "

Yes, I really don't know Crusty, though the GSA allows for the TPDC to pay for the gas in both Tz shillings and the US $ ?

Https://www.pura.go.tz/pages/ruvuma

Ruvuma

ONSHORE BLOCK: RUVUMA

OPERATOR:

ARA Petroleum Tanzania Limited (75%)

OTHER CONTRACTING PARTIES:

Ndovu Resources Ltd (25%)

License Area Size:

766.76 sq.km

PSA Signed Date:

29th October 2005

Effective Date (Initial Expl Period):

29th October 2005

First Exploration License:

3rd December 2012

Second Exploration License:

28th January 2014 – Second Period has been extended

License Effective Date:

15th August 2021

Current License Phase:

Exploration – applied and awaiting Development License

STATUS OF OPERATIONS

The Operator has completed interpretation of 3D Seismic data and currently preparation of drilling Chikumbi-1 well is ongoing including mobilization of Long Lead Items and procurement of the drill rig. Further, pre-development activities are underway including preparation of wells workovers towards commencement of production of natural gas

I wouldn't be surprised Crusty if the TPDC are instergating their back-in rights to become part of the joint venture going forward. And of course we are still waiting on the Ruvuma PSA licence, which in itself is waiting on the development licence.

"Whilst APT awaits award of the Ntorya Development Licence from the Tanzanian authorities, securing the assets for development for at least 25 years with provision for further extension, the Operator continues to work on multiple work-streams to commercialise the discovery on behalf of the joint venture (JV) partners and contribute towards Tanzania's energy security. Upon receipt of the Development Licence, APT will:"

· Contract a rig operator to undertake the drilling of the CH-1 appraisal well to further derisk the asset and, if successful, complete as a gas producer."

· Re-enter and repair a tubular leak in NT-1 to enable the well to be safely completed as a gas producer."

· Undertake further testing on NT-2, currently suspended as a gas producer, using a mobile test unit, to refine the design of in-field gas processing facilities."

· Continue to support the Tanzanian authorities in the early construction of a spur gas pipeline from Ntorya to the Madimba Gas Plant to accommodate gas extraction from the field."