Brief update from this morning;
Well pad finished
First rig load will arrive today or tomorrow
Drilling on site in August. 3 week delay in Tanzania due to the last rig contractor not signing a release for for the rig? 2 week delay in Mozambique due to new electronic truck tracking system being installed on all trucks by customs
All gear on site in July
Rig up early August and spud in August
Source and reservoir can be seen on the seismic. Risk is seal and timing of charge
Farm in still on the cards. IVZ need to get increased acreage and PPSA signed prior to farm in being signed. Scott is in Zimbabwe now to sort this out.
Neither of the two well locations will be impacted by wet season. Roads are bitumen and high. Can get gear in and out during the wet season.
DTC listing issue with bond value vs par value has been resolved. Final paperwork is signed off. It's days away (famous last words).
Could have misheard some of this so don't take as gospel. DYOR.
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Brief update from this morning;Well pad finishedFirst rig load...
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