TPT 0.00% 0.9¢ tangiers petroleum limited

Ann: TAO-1 Operational Update, page-93

  1. 1,425 Posts.
    This is from Goldieshotz, posted on LSE board, who has believed for a while that assaka would be a duster

    "Assaka is confirmed as a duster as i suspected, good news for my geo model which says trident is gusher and upper jurassic is the seal so assaka would be dry as no way to migrate.

    My geo model explains cap juby as faulting allowing migration of oil into upper jurassic then degrades, light oil found was a pocket that never migrated into upper jurrasic so explains why 2014 cap juby drill didnt snag light oil only heavy oil 110 metres of it.....

    Good luck all, im buying when this settles out at 8pish

    For reference

    I have always said assaka would be dry, trident gusher and tma condensate"

    Let's hope his modelling comes up trumps, so far so good.

    It seems that Galp pretty well believes this theory as well as they have never acknowledged the other targets, and recently Genel and Cairn come to the same conclusion reporting that they don't expect to find oil above 3100m after drilling results from their drill in cap juby.

    God can save the queen but we need oil to save our investment in TPT!
 
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