RE: April 56 Apr 2022 05:53
- - Net gas pay estimates for Anchois-2 well, based on further interpretation of the well data, have been upgraded to approximately 150m from the previously announced preliminary analysis of greater than 100m, compared to the 55m in the original Anchois-1 discovery well.
-- Excellent quality dry gas confirmed, with greater than 96% methane, in all seven discovered gas reservoirs, without detrimental impurities such as H(2) S or CO(2) , supporting minimal gas processing required in the development.
-- Highly consistent gas composition potentially allows all gas produced from the different reservoirs to be processed through a single gas processing facility, enabling a simple development.
-- Further analysis is ongoing on the well data to understand the positive implications on gas resources, and scale and economics of the development.