The statements from partners BG (60%) and Ophir(40%) are carefully worded sentences’, we reported. “The success of the Chewa-1 well follows on from the earlier Pweza-1 discovery and provides a measure of confidence in the use of seismic attributes to guide a successful exploration campaign, in Tanzania” said Allan Stein, CEO Ophir. “We have now calibrated the seismic response from two separate hydrocarbon bearing reservoir intervals and shall use this information to more fully evaluate the potential of this exciting new hydrocarbon province.”
Maybe Starfish-1 is not all wasted effort?
TAP Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held
