Yes, some patience required, but plenty of news flow over the period ahead on PEL 87 and neighbouring blocks, being:
- Our PEL 87, early "fast-track" processed results are expected to become available for interpretation by late August 2023. WDS will soon enough ann drilling which Sintana have indicated will be in the new year.
- Chevron in PEL 90, 3D survey completed with processing and interpretation underway. Exploration well either in late 2023 or early 2024.
- GALP in PEL 83, drilling rig contracted for two wells plus optional well testing, commencing late 2023.
- Shell on PEL 39 already achieving oil flow during tests that came 'like a train' at Graff-1. Also planning ten additional wells.
- TotalEnergies on PEL 56 spending half its 2023 exploration budget on a four-well, two-rig exploration and appraisal campaign. Drilling to date has indicated that Total has 'a huge field on its hands'.
It really is the global exploration hot spot.
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