The numbers are disappointing, thats why i kicked up such a fuss, but i was assured my management that at current oil prices these deposits could be economic. These are the smallest deposits in the shallow water fields so bodes well for all other targets
The most puzzling thing is management cant remember when they issued the field size of 1km2 each? When was that released. Considering that yakal only come in with an oil column slightly under pre drill estimates and Tindalo surprised on the upside, how the pre drill estimate of 18moip was not reached, is staggering. The geologists have over estimated, and i hope this can be cleared up. I was assured my management the would look into this
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- on face value figures are disappointing
on face value figures are disappointing, page-5
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