COE 3.26% 22.3¢ cooper energy limited

Just found it...

  1. 312 Posts.
    Just found it pulse

    http://www.rigzone.com/news/image_detail.asp?img_id=3211&a_id=33847


    Looks good mate. Gets my pulse going. Of course waiting 18 months is too long for most on hotcopper.

    OUDNA discovery right just outside the border of the Hammamet block produce. The green piece on your map.

    Lundin Petroleum and Atlantis Holding Norway AS, a subsidiary of Sinochem E&P, said that first production of oil from the Oudna field offshore Tunisia is scheduled for September 2006.
    Initial gross production from Oudna is anticipated at approximately 20,000 bopd. Proven and probable reserves are 11.5 million barrels of oil.

    The Oudna 1 well, discovered by Shell, tested 7,000 bopd (barrels of oil per day) at a depth of 1,600 meters from the Miocene Lower Birsa sands reservoir. The crude oil has a 41.5 degree API and sulfur content of 0.24 percent.

    Other info on oudna and Birsa Fields
    http://www.accessmylibrary.com/coms2/summary_0286-34279606_ITM

    http://www.dgi.com/earthvision/evarticles/1996-2002/evarticles_3DGMod.html

    Anyway looks encouraging but so did Gurame. Nothing is certain except that 6 out of 8 wells find nothing commercial.

 
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