Some points
East Mailisu Caspian has 100% of shallow rights so if it is 1mil barrels(very speculative) then they own it all.
It is Mailisu 3 where they have 70%Their total potential is probably in excess of 100 mill barrels but the 6mill for Mailisu 3 is the only credible (or semi credible )figure I know.
There is definitly oil elsewhere and maybe someone more knowledgable can fill us in on the the best estimates.
I think the deep drilling by Santos will be the co maker if they find it.
Mailisu 3 and East MAilisu are a smallpart of their holdings.
Here is a summary of them
License #
licenses
Total
Area km2
CIG Interest
Current Possible Final*
Notes
Fergana Basin
Northern Licenses
Charvak 1 813 67% 20% CIG has 100% of shallow oil rights (<1000m depth)
Ashvaz 1 35 67% 20% CIG has 100% of shallow oil rights (<1000m depth)
East Mailisu 1 285 67% 20% CIG has 100% of shallow oil rights (<1000m depth)
West Mailisu 1 325 67% 20% CIG has 100% of shallow oil rights (<1000m depth)
Mailisu III – JV 1 13 70% 70% Excluded from Santos farm-in.
5 1,471
Southern Licenses
Sulukta 1 1,470 67% 20%
Bakten 1 693 67% 20%
Katran 1 753 67% 20%
Akbura 1 8,528 67% 20%
4 11,444
Naryn Basin 8 7,197 67% 20%
Aksai Basin 1 3,800 67% 20%
Total 18 23,912
Source: Caspian Oil & Gas Ltd. * Possible final interest assumes full execution of all farm-in agreements.
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