Schematic from today's presentation. A couple of things I take from it are;
- samples in the Lake Beds formations are described as Fluid Samples ... I would take this as water. If they got a Gas samples, they would describe it as such.
- Based upon typical O&G logs, the colours on the two logs shown could possibly be interpreted as; the yellow log is likely showing where the sands are, and the blue log is showing water saturation. If there was free gas present it would be tropically dictated by a different colour, usually green.
- there is possibly a free gas cap in Mbelele-1 which they plan to drill
- Plans are to flow test Mbelele-2 Lake Beds
Disclosure: I have sold my small holding today due to the uncertainly at the moment.
Schematic from today's presentation. A couple of things I take...
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