100m of gas sands in zola-1 to date.., page-10

Good post dnbuck. The Zola structure is mapped at about 25% of the Gorgaon 'footprint' , so you may quesstimate a potential 10TCF if the column extends beyond 100m depth. That is all a very simplistic model and lets stick with 1~2TCF for now , but the possibility is there imo. Antiope (120bcf stranded) was drilled off-structure.

I agree that the value in WA290 (TAP 45%) has not been factored into the SP in any way , despite the neighbours Hess hitting 13 out of 16 drills ontrend!

Im excited , the market isnt , fine by me for now imo

Refer Page 10 at link below

http://www.tapoil.com.au/upload/docs/ASX_551_-_Investor_Presentation_Update_February_2011_-_01_Feb_11.pdf


DYOR