RE: And we are off !14 Sep 2023 15:49
Just a small reminder;
"Future drilling opportunities
The updip appraisal of the Jurassic target encountered in MOU-4 is a key objective of the Company.
Three preliminary drilling locations are being selected for inclusion in a new Environmental Impact Assessment ("EIA").
Well design and sourcing of long lead well inventory has commenced.
A field trip is being planned for the autumn to evaluate the reservoir potential of the entire interval of interest in Jurassic surface exposures to the south of the Guercif licence area.
Geochemical source rock quality and maturation studies, including evidence for migrated gas, for the Jurassic section penetrated in the MOU-4 well are expected to be completed in September.
Two other near-term drilling opportunities are also being assessed, one location covered by an existing EIA and the other to be added to the new EIA. Evaluation of the higher pressure shallow gas encountered in MOU-3 and a southwest extension of the MOU-3 structure would be the targets for future drilling.