Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Just to clarify. From the last RNS re the 36-2. "conclude in "January", ie, 2 weeks to go for that, so no delays there. 16-2 testing they said early January, i grant you, but not concerned. Patience please.
Despite the operational delays and the extra time allotted to gather the grant-related reservoir data, it is still the Company's expectation to deliver the well within budgeted authority f or expenditure ("AFE") limits albeit on a slightly longer timeframe than originally forecasted. Zephyr now expects the drilling operation to conclude in January 2023.
Malcys very positive this AM. No wonder
https://www.malcysblog.com/2023/01/oil-price-gulfsands-longboat-orcadian-hurricane-deltic-europa-and-finally/
Looking at the RNS when drilling commenced last year, they intended to P&A the well, as it was really a test well, so to speak. The fact that GAS has been found and Shell want to crack on and spend money on a 30 day full test, tells you everything you need to know. We are going to need a much bigger boat Captain!!!. Exciting times.