Regarding Labeidna, I find it hard to believe that a four way closure with charge will not at the very least be appraised. Time will tell as always. Here's hoping for a better than expected results! Interesting comment about Maximise value of infrastructure in WPL's presentation. We need to clarify if the 12% Government buy in right can be increased if each individual field is kept below the 75,000 bopd threshold. One of the questions I'll be asking at Hardman's roadshow. Look forward to catching up !
Cheers, xmagx
"Labiedna: (PSC- B) Chinguetti Fairway Miocene sands four way dip closure with stratigraphic upside. Success at this well would upgrade the adjacent N’Dor prospect to the SW."
From WPL's Presentation.
Four well 2006 campaign Strategy to unlock full basin potential
Maximise value of infrastructure
Regarding Tevet.
2005 appraisal confirms southern extent and reservoir thickness but slightly reduced sand content
Potential to fill spare Chinguetti capacity
Exploration in Cretaceous confirms small hydrocarbon column. Encouraging result for future Cretaceous targets.
HDR Price at posting:
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