FYI... For those who did NOT read last years GM Presentation and compared it to this years GM Presentation please see below.
BTW the Photos of the "Trucks arriving at Bosasso Port" and the "Seismic trucks leave in convoy" on page 10 of 22 of this years presentation are the same as last years photos in the GM presentation on page 14 of 18.
As you can see from last year's presentation it stated:
Rig mobilisation for Dharoor planned for 4th quarter of 2008, spudding early 2009. Mininum of 2 back to back wells.
AND from last weeks presentation it states:
Rig mobilisation for Dharoor planned for 4th quarter of 2009. Minimum of 2 back to back wells followed by 2 wells in Nogal Valley.
As you can see from last years GM Presentation there is not much difference other changing of the dates and adding a new project in the Republic of Georgia.
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FYI... From last years AGM Presentation 2008
Announced by: RRS
Announced on: 24/11/2008 15:30:00
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From page 13 of the 2008 AGM Presentation
2008/2009 Work Programme
Africa Oil has completed reviews of extensive data collected by Puntland Government and Range Resources including reprocessing and reinterpreting seismic tapes
Reinterpretation results and ready to drill targets (Nogal Valley) identified with contractor selected. Current programme is for Nogal to be drilled after Dharoor Valley
2,600km 2D seismic programme commenced in May 2008 for Dharoor Valley Bosasso Port
Rig mobilisation for Dharoor planned for 4th quarter of 2008, spudding early 2009.Mininum of 2 back to back wells.
2D offshore seismic programme planned for 1st quarter 2009.//
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FYI... From last weeks GM Presentation for 2009
Announced by: RRS
Announced on: 04/09/2009 11:49:00
2009 Work Programme
Africa Oil has completed reviews of extensive data collected by Puntland Government and Range Resources including reprocessing and reinterpreting seismic tapes
Reinterpretation results and ready to drill targets (Nogal Valley) identified with contractor selected. Current programme is for Nogal to be drilled after Dharoor Valley
900km 2D seismic programme commenced in May 2008 for Dharoor Valley was completed December 2008
Rig mobilisation for Dharoor planned for 4th quarter of 2009.
Minimum of 2 back to back wells followed by 2 wells in Nogal Valley.
Final stages of Government Africa Oil sign off.
2D offshore seismic / multi client programme to be agreed with Puntland Government Q3 2009.
RRS Price at posting:
4.7¢ Sentiment: None Disclosure: Held
