Highlights from initial seismic results in our most prospective and exciting block, 12B:
* The presence of large-scale faulted structures across the entire basin.
* The presence of shallow volcanics, a feature of the highly prospective East African rift system (EARS)
* Neogene basin fill, with potentially 3000 metres of sedimentary fill.
Further analysis and interpretation will now be conducted, with JV participants then deciding whether to continue with the third year of operations.
Exciting times for all holders : ]
Cheers!
SWE Price at posting:
25.0¢ Sentiment: None Disclosure: Unspecified