ZMM 0.00% 1.5¢ zimi limited

Thanks for the info piast. The following is from the Ophir...

  1. 1,675 Posts.
    Thanks for the info piast. The following is from the Ophir announcement.

    "The acquisition is conditional on the Government of Seychelles providing consent and approval of an amended and restated petroleum agreement under which the interest is held"

    Did not see this in the WHL announcement.

    The following is from Tap announcement.

    "Otway Basin: Vic/P67 Located approximately 200km WSW of Melbourne adjacent to existing producing gas fields and
    infrastructure Tap has an option to acquire a 10% interest by paying up to a maximum US$2.95 million towards seismic commitments by 31 March 2015 The 10% option does not lapse until 10 days after AWE commits or declines to enter the drilling phase. Additional option to increase equity to 15% by paying 20% of first commitment well (max $7 million Tap share) AWE may either withdraw or assume operatorship and commit to drill 2 wells at either 30% or 60% interest WHL Energy has previously reported estimates of gross 2C Contingent Resources for the La Bella gas field of 117 Bcf with additional surrounding exploration potential interpreted 811km2 3D seismic over La Bella and surrounding prospects was completed and final processed seismic data should be available by late Q2 2014"
 
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