ITC impress energy limited

I thought this was being spoken of in hushed tones behind closed...

  1. 3,935 Posts.
    I thought this was being spoken of in hushed tones behind closed doors.

    Well, the cat's out of the bag now.

    "Using conservative reservoir parameters, such an area has the possibility of containing up to 20 million barrels of oil in place.

    Further exploration drilling is required to confirm this possibility and this will take place after the Mirage-4 development well, with the drilling of the Lightning-1 and Jindivik-1 exploration wells."

    Basically, if Lightning and Jindivik find similar oil to the Mirage wells, this is a very large Murta oil field and will completely change ITC.

    MT.

 
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