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"Fairly certain you're right it was 3D to better understand after TE-5/TE-6 if memory serves."
"2018 was a very active year for Sound Energy delivering on our priorities to de-risk and advance our existing discovery and unlock our significant exploration potential.
During the year, Sound Energy focused on safely delivering its Moroccan growth strategy which culminated in the recommencement of exploration drilling operations on the Tendrara licences in Eastern Morocco. During the year, in addition to the exploration drilling programme, the Company was awarded a 25-year exploitation (production) concession for the TE-5 discovery at Tendrara (less than two years from discovery), entered into a Heads of Terms with a Spanish consortium embracing the development infrastructure, completed its fully Schlumberger-carried Eastern Morocco 2D seismic programme, commenced the process to introduce Schlumberger directly onto the Eastern Morocco licences and was awarded new eight-year Petroleum Agreements for Sidi Moktar, Tendrara and Anoual. The Company is now well advanced in the execution of its Moroccan strategy which includes early options for monetisation."
Https://youtu.be/LfOV7aHMGmw?si=lt9QyXE7-cH2XvBH
In Ireland the IEA expects data centers to consume nearly 1/3 of all the country's electricity within 2 years.
This may be of interest to some of you.
https://www.edx.org/learn/geosciences/delft-university-of-technology-geoscience-the-earth-and-its-resources
Pleased to see the following in todays RNS...
"The updip appraisal of the Jurassic target encountered in MOU-4 is a key objective of the Company."
"Current market dynamics support drilling activity and very near-term value creation."
Piltick,
Who knows how these things are priced. But the NPV was $55M before today based on 3.88 MMBO. And now we know...
"The well has encountered oil bearing reservoir in the Meletta and PBS sandstones, both shallower than predicted with the PBS being a thicker interval with more sand and of better quality than pre-drill estimates. These results imply significant upside to the reserve range assigned to the Stockstadt Mitte segment in the CPR published by the Company in December 2022, and this will be the focus of one of the post-well projects."