Arizio
Stated aim for current drilling program was to prove up the Mailisu area as a producing field. Last drill results appears to confirm this. Waiting for flow results from this well and the last should give a better indication
Deeper wells, being part of the Santos farm-in, should see confirmation of probable recoverable reserves - 6 million barrels as based on USGS estimate.
Five other areas are yet to be drilled and are prospective for oil.
Gas is another item still to be considered. A minor show has already been made.
Santos are conducting a 3D survey and results are due next quarter I think.
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ArizioStated aim for current drilling program was to prove up...
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