demand for new gas revenue sharing contracts, page-4

Interesting read DKnow. Thanks.

Now we have gone from 'not commercial' to 'insufficient gas' to 'small find' and now to revenue sharing disagreements?

Either this is a formality for Apache, whereby they want something more definitive before they continue investing in this gas bearing Eocene delta or there is something else going on ie: proving commercial gas reserves.

Below is a section of an article from a Kenyan publication released on 18/09/2012.

Announcement of natural gas find off Malindi coastline is welcome news coming in a year that we have also encountered presence of oil in the Lake Turkana area.

Although more drilling and testing are said to be needed to confirm quantities and quality of gas, chances of commercial volumes of gas are more on the upper side of the scale, going by experiences further south in Tanzania.

http://www.businessdailyafrica.com/Opinion+++Analysis/Natural+gas+find+big+boost+in+search+for+green+energy/-/539548/1511194/-/8go7xoz/-/index.html

Come on Mr. Energy Minister... Tell us the results!