Could be a gamechanger7 Sep 2023 14:31
Data from the Kon 11 Block they are now drilling, this is the 13th drill of the block. This is from Corcel's website:
•Salt induced anticline; Discovered 1961 (Operator Petrofina)
•Reservoir depth 700m; Area of closure 3,400 acres; 100m oil column
•Binga limestone, porosity 4-14%, highly fractured
•1 seismic line (2010) through reservoir
•Historic production 29 mmbbls; 12 historic well of which 7 producers / 4 dry holes / 1 water injector
•Peak production 17,500 bbls/d
•Unproduced contingent oil resources 65 MMbbls (11.7 MMbls net to Corcel)
•First well on Tobias, targeting first oil / revenue with an early production system, under discussion with the JV partners with a view to drill in 2023