Enauta in Talks With Karoon to Sell 50% Stake in Atlanta Field, page-2

Here is an extract from an article on Enauta's website about the Atlanta Field:-

The Atlanta Field has heavy oil, with 14º API and low sulfur content, less polluting and in line with IMO 2020 maritime fuel regulations.

Reserves 2P: 103 MM bbl**
Oil volume (in situ): 1.29 Bi bbl;
Volume of oil produced: 16.13 MM bbl (until 12/31/2020);

In a Rigzone article dated 23 Feb 2022 it was claimed that full field development has been approved by Enauta at a cost of $1.2bn with an FPSO capable of producing 50,000 bbls per day and that is before the cost of buying into the project. This is not going to come cheaply.