Anyone ready to bet Swala licenses have less than 1bbls of OIL...

Anyone ready to bet Swala licenses have less than 1bbls of OIL ?

1. Potential of 22bbls OIL trapped with 10% recoverable (~2.2bbls) in 12B from passive seismic study
2. Kilosa,Kidatu and Kilombero basins in K-K licenses with stunning 2-D seismic results with Kito prospect to be drilled in 2014 (tentative)
3. Mvungwe and Moshi basins in Pangani licenses have results similar to Kilombero seismic (Neogene deposits)

Add Eyasi to the list, we could double the bet as it alone could rival 12B for WHO HAS MORE OIL.!!

Till today, I was assuming Pangani is the least significant of licenses held by Swala and COS would be very low. This may be because other prospects were projected more than Pangani or their early results were simply stupendous. But after Pangani seismic, I have to re-visit my thinking and very happy to be proved wrong.