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Ann: Light Oil, Gas Condensate & Helium confirmed in Mukuyu-1, page-9

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    Hello:

    • Presence of light oil, gas-condensate and helium confirmed from Mukuyu-1 mud gas compositional analysis
    • Results confirm multiple oil and gas pay zones in sandstone reservoirs consistent with wireline log interpretation
    • Upper Angwa reservoirs contain liquids rich gas with condensate-gas-ratio (CGR) estimated between 30 to 135 bbls/MMscf
    • High quality gas with minimal CO2 content of less than 1%
    • Helium content is consistent with global commercial helium producers
    • Results confirm multiple oil and gas pay zones in sandstone reservoirs consistent with wireline log interpretation and fluorescence observed in sidewall cores and cuttings
    • Multiple source / reservoir / seal pairs through the Upper Angwa
 
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