Great oil column of up to 134m, problem is the prospect is only...

Great oil column of up to 134m, problem is the prospect is only 1km2 at the moment. Fingers crossed that they have underestimated the oil trap area. With a porosity of 20% and oil in place of around the 20 million mark (134m * 1km, is close to 20m oip, compared to other oil company finds). The recoverable barrels of oil would be around 4million, which in shallow water on its own is certainly not commercial. However two finds that are relatively very close, and another 20 in a close area, we need further drilling to prove up alot of the 20 prospects to be commercial.

My interest in Ndo is not s54, but the big deeper offshore prospects that could contain 100m barrels recoverable each. Drilling of the first of the deep waters is at the end of next yr, cant wait.

All being said any oil find big or small is a credit to the geologists, because they are identifying the right targets to drill. 2 out of two aren't bad