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Ann: Mbelele-2 Operations Update, page-50

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    From what I can gather, and I could be wrong, NHE has manage to secure the leases on four wells so far ? But they are still waiting for approval on the other 6? Also is that 15bcf per well ? So $7 billion US dollars per well or is that for the whole basin ? Because towards the end of the presentation he said," remember that is just for one well" in reference to the monetary gains. He also said that total depth for Mbelele 2 should be reached in a couple of weeks. Great presentation I'm certainly going to be putting more money into this , just waiting for my other stock to come to fruition.
 
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