RE: Compelling Story-line Emerging11 Nov 2020 23:40
Florida i think maybe you under sell the potential. I was a shareholder With AAOG. If true then Tilapia could be enormous with several wells drilled. A furthe deeper exploration could also be explored. Wireline logging validates the initial results identified during drilling the targeted R1/R2/R3 and the Mengo reservoirs and confirms oil columns amounting to an aggregate of 44 metres across the identified horizons.
26 metre oil column in the Mengo identified in sandstones interbedded with claystones between 1874,8mMD and 1900,8mMD.
An aggregate 13 metres of oil columns across the new horizons identified between the R3 and the Mengo horizons in three layers of sandstones between 1473mMD and 1685,5mMD.
5 metre oil column identified in the R2 reservoir between 1282,7mMD and 1287,7mMD in line with the TLP-101V well located in fine sandstones.
Modular formation dynamics tests showed that the R2 reservoir is not depleted, confirming an onshore hydrocarbon system underlying the Tilapia licence area
· All three discoveries are of Early Cretaceous (Barremian) age
· Schlumberger wireline logging was completed in the entire 12 ¼" section of the Well and further confirmed by a petro-physical interpretation (CPI) .
The Company will now resume drilling operations at TLP-103C, targeting the deeper Djeno horizon which is known to be a prolific producer on neighbouring fields.
Wireline logging validates the initial results identified during drilling the targeted R1/R2/R3 and the Mengo reservoirs and confirms oil columns amounting to an aggregate of 44 metres across the identified horizons.
26 metre oil column in the Mengo identified in sandstones interbedded with claystones between 1874,8mMD and 1900,8mMD
An aggregate 13 metres of oil columns across the new horizons identified between the R3 and the Mengo horizons in three layers of sandstones between 1473mMD and 1685,5mMD
5 metre oil column identified in the R2 reservoir between 1282,7mMD and 1287,7mMD in line with the TLP-101V well located in fine sandstones.
Modular formation dynamics tests showed that the R2 reservoir is not depleted, confirming an onshore hydrocarbon system underlying the Tilapia licence area
All three discoveries are of Early Cretaceous (Barremian) age
Schlumberger wireline logging was completed in the entire 12 ¼" section of the Well and further confirmed by a petro-physical interpretation (CPI)
The Company will now resume drilling operations at TLP-103C, targeting the deeper Djeno horizon which is known to be a prolific producer on neighbouring fields.
I think the Djeno if discovered at lower levels not yet discovered but expected to be there, will produce 20,000 to 50,000 bpd.
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