ondon, 26 March 2012: Ophir Energy plc ("Ophir" or "the Company") announces that the Jodari-1 well in Block 1 offshore Tanzania is a 4.5 TCF gas discovery.
Highlights
· Fourth consecutive gas discovery for the Ophir-BG joint venture in Tanzanian offshore Blocks 1, 3, 4 and largest discovery by Ophir in its history
· Estimated mean in-place resource number of 4.5 TCF. Recoverable mean resource estimated as 3.4 TCF (567 MMboe), exceeding mean pre-drill recoverable resource expectations of 2.2 TCF by 55%
· A total 124m of net pay encountered across the stacked target horizons in high-quality reservoirs
· Jodari-1 has de-risked the Lower Tertiary section, of comparable age to the outboard basin floor fan play in Mozambique, and in pursuit of which the Ophir-BG joint venture is now acquiring 3D in the eastern area of Block 1, Tanzania
· Cumulative discovered, recoverable gas resources in Blocks 1, 3, 4 are now c. 7 TCF and nearing the minimum threshold volumes required for a two-train LNG development
Link: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11156664
- Forums
- ASX - By Stock
- FAR
- ophir - takes off. tanz 4.5 tcf gas discovery
ophir - takes off. tanz 4.5 tcf gas discovery
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FAR (ASX) to my watchlist
|
|||||
Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M |
Open | High | Low | Value | Volume |
52.0¢ | 53.5¢ | 52.0¢ | $17.03K | 32.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10069 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 22471 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10069 | 0.520 |
3 | 110000 | 0.515 |
2 | 35000 | 0.510 |
2 | 45521 | 0.505 |
1 | 29878 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 22471 | 1 |
0.550 | 82295 | 3 |
0.600 | 25953 | 2 |
0.610 | 2000 | 1 |
0.000 | 0 | 0 |
Last trade - 15.03pm 05/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |