Member Info for Sailplane

This document gives some interesting reading. <br /><br />Detailing recent wells which apparently derived substantial amounts of gas from the Tobifera. <br /><br />"Sixteen wells have been drilled in the structure. With the exception of three of them that produced from the<br />Springhill Formation, all are productive from the Serie Tobífera volcanic rocks at an average depth of 1,675<br />meters below ground level (m.b.g.l.). The total structure area is 25 km2<br /> and the total cumulative production<br />up to December 2008 is 65,600 MMscf ..."<br /><br />This in an area which, as far as I can make out, appears to be quite close to Fraccion C.<br /><br />As always, no advice intended - always do your own research.<br /><br /> http://members.igu.org/html/wgc2009/papers/docs/wgcFinal00569.pdf

Anyone know what our estimated recovery factor is, so as to apply to the GOIP figures.

I read that typically for gas fields in general, it can be 50% to 80%.

Can someone please clarify -

when the RNS 29 June 2018 says: " the Eastern Morocco Portfolio acreage, expressed as unrisked gross gas originally in place, of a low case of 7 Tcf, a mid-case of 20 Tcf and a high case of 34 Tcf " - does this mean that we have a mid-case estimate of 20 Tcf in the ground, so at say 50% recovery, we actually have about 10Tcf recoverable.

Or do we then have to reduce this approx 10Tcf by x0.475 to get our working interest volume - so attributable to us would be more like 4.75Tch recoverable?

If they are saying each Tcf that's recoverable and is attributable to sound's 47.5% working interest, is worth 150p to the sp (and I take that value as being from when the gas is out the ground and sold), what do we put on the value of that same Tcf of gas as proved up but still in the ground - its value per share both before an offer and then after an offer?

When do we feel would be the best time for another bidder to show their hand (that's obviously IF there is another bidder waiting in the wings). We have Stella under way so that is a hurdle cleared. Or would such a potential bidder wait until after 31st March and Delek's formal offer is fully launched? Any thoughts? OT just noticed another in Malcy's bucket list looks like it's about to take off: SDX.

Tracking shows it now some distance Nth of the FI. http://www.marinetraffic.com/en/ais/home/oldshipid:368831/oldmmsi:308463000/olddate:2015-11-20%2009%3A27%3A31/zoom:9