Announcement on the 12 April said that the "well test operations will commence in the next two weeks". So the testing should commence sometime this week.
As per my previous post which i have posted below the size of Sidi Dhaher makes it a very exciting times for holders.
"The Mean OOIP estimate is 51 million barrels;
and is derived from the following range of estimates:
-P90 OOIP 13 million barrels
-P50 OOIP 37 million barrels
-P10 OOIP. 110 million barrels"
13 million barrels @ $105 per barrel is $1.365 billion
37 million barrels @ $105 per barrel is $3.885 billion
51 million barrels @ $105 per barrel is $5.355 billion
110 million barrels @ $105 per barrel is $11.550 billion
This doesn't consider recovery factors, ETAP interest, JV partners interest etc but is simply to show how big the project is that is being flow tested !!!
Add to My Watchlist
What is My Watchlist?
