Member Info for gaslady

RJ selling up?

Mid March tomorrow...

SP warming up this morning..

It would show operational progress so I think it would matter.

"The results of the initial 3D seismic processing and interpretation, to optimise the target location of the CH-1 well at the Cretaceous reservoir level, will be available by mid-March."

Next week then...?

I'd like to see 1.25 to 1.30 close today... Possible?

hmm.....

it used to be 5p and out...averaging down RJ?

One Stetson to go hold the onions...

1.15 paid

Nice summary going forward

https://www.petroleumafrica.com/chikumbi-1-spud-delayed-in-tanzania-ntorya-production-timeline-accelerated/

@Crusty

of course it is a disappointment about the ch1 delay and the secondary Jurassic target. But that can wait.

It's the recoverable gas they need - the income for us and the utlility for them

btw..Election looming in 2025 and they will want to show tangible results of their energy strategy and masterplan between now and then

@ aimster

oh and just a reminder....from 5 months ago..

tpdc expects production soon....
2.34 onwards

https://www.youtube.com/watch?v=jPeNHqpWDsI

@aimster
as long as I make people smile I know I'm on the right path in life :-)

the saving time means out put and results from the ch1 drill would be rendered faster than waiting for drilling on another target

everything in the last RNS is pointing to getting things done faster and being brought forward by quite some considerable time mind you...there is clearly a sense of urgency to get to the chase..TZ needs the extra gas we need the extra income you need a return on your investment assuming you are invested that is...

all good from my point of view

GL

@max
oil shows on previous drills, yet "no oil there"?
and you are 100% certain of that?
evidence?

i'm pre-ordering a portion of stetson and chips with slaw on the side....

Ch1 will take less time to drill then with just the primary target

Aimster.. No shortage of customers.. The gas is expected to be used for domestic consumption in Tanzania, as well as for export to neighboring countries such as Kenya and Uganda.

The development of the Ntorya gas field is seen as an important step in the development of Tanzania's natural resources, and it is expected to contribute significantly to the country's economy and energy security in the years to come.

Ta POC.. That's a lot of $$$..

Assuming an average price of natural gas of around $3.00 per thousand cubic feet as of February 28, 2023, how much would the natural gas reserves be worth?

Apols my maths is flaky...

Wasn't it 1.3TCF giip at the last count?