Well ... the bets are on.
So far 5 fields drilled .....
3 succesfull (Chinguetti, Banda, Tiof) all Miocene aged deep water turbidite sandstones which were deposited prior to the salt uplift - say 40 million years ago.
2 unsuccesfull (Courbine & Thon) both Cretaceous age deposits.
And Poune ... another Cretaceous adventure.
But ... if Poune comes in then .... whammo SP.
And it may.
It's an upper level Cretaceous play below some Miocene sandstone.
Question is ... has the oil found its way down from the Tertiary Age period deposits into the older Cretaceous Age zone or has the older zone produced its own hydrocarbons?
I'm so excited.
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