ZMM 9.09% 1.2¢ zimi limited

Afren to do more 3d in Seychelles

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    From the Afren H1 results announcement:

    Seychelles
    Areas A & B
    Evaluation of the northern deepwater 3D seismic acquired in 2013 has been completed and an economic study of the licence prospectivity has begun. This will aid in ranking the prospects and determining which of the prospects to target as the first exploration well. Further 3D seismic acquisition in the shallow water areas of the licence is planned in 2015.

    So, they're doing more 3D, but mention of a drill date has slipped. I guess the former point is good in that you wouldn't invest more on something with no interesting parts to examine more closely, and the latter, whilst a bit of shame is probably no surprise given how slow they've been to talk about the 3d they've done to date. More proof that in E&P target dates have a reliable habit of slipping.
 
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