RE: Update likely this week28 Feb 2023 15:09
Aimster, has it not yet hit the buy back price you are aiming for? :D
Besides ...
"ARA reviewed the 2D seismic results and stated an increase in gas resources to get the interest of the Tanz government."
What proof do you have of such a statement? I don't doubt these things do happen, but that statement as fact, is a wild claim to make!
As for set back, if they spud in September, they can still have first gas Qtr1 2024 as planned. If any later than that, I would agree they might slip, but the last drill took around six weeks, so I expect CH1 to take somewhere in the region of eight to ten, because they intend to explore the Jurassic level while doing the appraisal of the upper levels.