I hope they make an arrangement to drill the original first target Toubkal
Pura Vida’s first well will target the Toubkal prospect with a gross mean resource potential of 1.5 billion barrels1 (PVD 23%)
Have a look page 10 this report
http://www.puravidaenergy.com.au/media/media/1330097.pdf
Extensive review of prospects across the entire Mazagan permit has led the Joint Venture to reprioritise the first well location to drill a series of stacked targets collectively called ‘the Ouanoukrim prospect’ (pronounced WON-OO-KRIM). The well has been named MZ-1.
- The decision to change the first well location from Toubkal to Ouanoukrim is based on the results of technical work (including 3D reprocessing) undertaken since the block was acquired and is driven by the following:
- The change in well location will have no impact on the scheduled spud of the first well (currently estimated to be in Q1 2015).
- Pura Vida has secured additional financial protection in the event that drilling costs exceed the US$215 million cap under the original farmin terms.
Then Newport decided to drill here on page 3 with their 52%
Column 1 0 MZ-
Of the original 13 targets Ouanoukrim (MZ1) not even listen
http://www.puravidaenergy.com.au/media/media/ASX40-14_MZ-1_20141217_FINAL.pdf
So this happened RESIGNATION OF DIRECTOR & APPOINTMENT OF EXPLORATION MANAGER
http://www.puravidaenergy.com.au/media/media/1326703.pdf
sold his 5 million shares which dragged the share price down
And they drilled, NFG
Hope they learnt a lot about drill results and the seismic information they have
Best result would be if they decide to drill another target (Toubkal would be good) when oil price hits $50.00 within 3 months or something like
And Take on both Nkembe Block (Gambon) and Ambilobe Block (Madagascar) for same percentage for 2 holes in each
Sitting back with 5 holes to be drilled free carry would be a good ride
I would think a lot of people would like to be on that ride
- Forums
- ASX - By Stock
- HHR
- Mazagan Permit and Freeport McMoRan
Mazagan Permit and Freeport McMoRan, page-8
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HHR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.85M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $15.92K | 2.654M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 14525363 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 34495507 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 14426910 | 0.006 |
24 | 9749943 | 0.005 |
8 | 5025000 | 0.004 |
3 | 3816666 | 0.003 |
3 | 4700000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 15563579 | 28 |
0.008 | 1732796 | 6 |
0.009 | 1755857 | 4 |
0.010 | 792857 | 4 |
0.011 | 743000 | 1 |
Last trade - 15.58pm 18/10/2024 (20 minute delay) ? |
Featured News
HHR (ASX) Chart |