What do you think the timeline is for this? Within the next 2-3 years????
Hopeful next steps
• oil is definitely very good and under high pressure at around 3,500m
• decision to bring on deeper oil as priority
• this will require some serious transport - ideally a pipeline - but trucks will have to do for now
• pipeline plans mobilised
• plan to get shallow oil at later date
• serious possibility of a takeout offer for initial wells - min 30 cents - hopefully 50+
• saving further exploration in block 9 for later
Ann: Block 9 - Maiden Contingent Resources, page-119
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