Reasoning for confidence moving forward and deeper following today's announcement in a nutshell.
Below summary from MK1
“Further results from mudgas samples reaffirm the presence of light oil, gas-condensate and helium at Mukuyu-1, over a 1,000m interval in the Pebbly Arkose and Upper Angwa formations.
Today's progress summary
'Total background gas in this hole section, is higher than those observed in Mukuyu-1 and heavier hydrocarbons (C4 and C5) have been detected. The presence of residual hydrocarbons is interpreted from wireline logs over an approximate 20m gross reservoir interval with quality properties in the upper Dande formation. Preliminery wireline results suggest generally thicker and more developed sands across the secondary target intervals than at Mukuyu-1, which is positive for the wider basin prospectivity.
Nice..
Ann: Mukuyu-2 Drilling Update, page-124
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