RE: Elephant Oil/Recon Africa29 Aug 2024 15:13
Elsewhere on PEL 73, the Company continues to make progress in the construction of the access road for the second Damara Fold Belt exploration well, Prospect P, which is expected to start drilling in the fourth quarter of 2024. Prospect P is targeting 309 million barrels of unrisked prospective light/medium oil resources (1) or 1.6 trillion cubic feet of prospective natural gas resources (1) , on a 100% working interest basis, based on the most recent prospective resources report prepared by NSAI.
DYOR