Is anyone able to comment further on this? a Giant local...

[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]Is anyone able to comment further on this? [/COLOR]

[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]a Giant local [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]Tangiers’ other “big child” is much closer to home - and it has the potential to be a giant. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]The Nova and Super Nova structures are currently assessed to be truly world class in size. Tangiers has reported that the probabilistic gas- in-place for these two prospects ranges from 71 trillion cubic feet of gas to 148 trillion cubic feet of gas, with a best estimate of 107 trillion cubic feet of gas. That is more than enough to supply a number of very large LNG projects. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]The Nova/Super Nova prospects are located in the Company’s WA- 442- P and NT/P81 permit areas within the shallow offshore Bonaparte Basin in the Timor Sea and were discovered by the Company to be lying underneath two known oil fields. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]Tangiers has poured a lot of work into defining just how big these world class gas structures are and recently contracted leading international asset interpretation specialists ISIS Petroleum Consultants to undertake an assessment of the Nova structure. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]ISIS’ Competent Persons Report (CPR), which was prepared as part of Tangiers documentation in relation to its proposed admission to trade on the AIM market of the London Stock Exchange, confirmed that Nova has world class gas prospectivity. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]ISIS estimated mean undiscovered unrisked gas initially in place of 6.93 trillion cubic feet (TCF) and the estimated mean unrisked prospective gas resources to be 3.46 TCF. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]That is just Nova - how big must Super Nova be? [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]top ten Gas potential [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]The current estimate is that it could contain up to 80.6 TCF. If Tangiers is successful in proving that figure up, then that would rank Super Nova in the top 10 gas fields in the world. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]And it is an added bonus when you know two proven oil fields (Turtle and Barnett) sit above Nova and Super Nova. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]The Turtle and Barnett oil fields were discovered in the mid 1980s. Multiple oil bearing reservoirs were encountered and three wells tested oil with Barnett-2 having flowed up to 921 barrels of oil per day on jet pump from the Carboniferous to Permian Lower Treachery Sandstone. The crude was of excellent quality at 38.6° API gravity. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]Tangiers has contracted Netherland Sewell and Associates Inc. to conduct an independent assessment of the oil resource potential in the Turtle and Barnett oil fields, as well as the Messner lead, which is situated between the Turtle and Barnett fields. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]The Company is also considering acquiring an expanded 3D seismic survey which would fully encompass the Turtle and Barnett oil fields, Milligans Fans, the Nova and Super Nova prospects, and the Messner lead. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]With the world-class size of Nova and Super Nova and the oil development potential within the WA- 442-P and NT/P81 permits, it is no wonder that Tangiers main Australian asset is also attracting international attention. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]The Company is currently preparing for farm- out discussions for the WA-442-P and NT/ P81 exploration permits, with the aim of being carried through future drilling programs. [/COLOR]
[COLOR=rgb(27.200001%, 33.299999%, 37.500004%)]With two company-making projects on its books, Tangiers Petroleum is definitely someone that investors should be keeping a close eye on. [/COLOR]