Ann: Walyering 3D Seismic Campaign Begins, page-36

"Pancontinental believes that most of the structure that covers an area of over 10 km²remains untapped by early drilling that was poorly positioned on either flank of the structure.This was mainly due to inaccurate mapping based on the early (1970s) 2D seismic grid.Pancontinental assesses there is a 57% chance of finding gas in the Central High, the crestof which is mapped more than 200m shallower than the highest gas intersected in theperipheral wells but requires 3D seismic to provide better definition of the mapping at thegas reservoir levels."

This is exciting to see that Pancontinental assessed it as 57% finding gas in the central high without 3d seismic and now we wait 6 weeks for seismic completition and then several months for evaluation.