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Looks to be bigger than first reported ....Wood...

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    Looks to be bigger than first reported ....

    Wood Mackenzie

    FEBRUARY 2022
    Shell makes huge oil discovery
    offshore Namibia


    No resource estimates were provided but we understand the well met its pre-drill estimate of between 500 million and 1 billion barrels. We assume 700 million barrels is recoverable. It is Namibia’s first ever oil discovery and Shell’s largest commercial find in Sub-Saharan Africa since Bonga in 1996.

    https://img1.wsimg.com/blobby/go/d53afaf0-187c-44a8-8c07-0d41fde346bb/downloads/Wood%20Mackenzie%20Shell%20Makes%20Huge%20Oil%20Discovery%20.pdf?ver=1644018273243
 
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