• 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
IVZ Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
