I agree with an earlier post that Ungani is really just a...

I agree with an earlier post that Ungani is really just a sideshow to the main game but nevertheless very interesting. It was unexpected discovery and mgt has done extremely well to pull the project together to get where we are today.

When we prove up 54tcf gas and over 1 billion bbls condensate over the next few months it will be game on!

If i recall correctly oil production is constrained by capacity at Wyndham and also oil tanker size for the next two years. I think they were looking at 40k bbls per shipment per month.

Our trucking costs are now roughly half what they were(900km v 2000km)Say now $12/bbl, lifting costs prob remain the same $10/bbl, Wyndham terminal costs approx $2.52/bbl. Not sure who pays the shipping cost, buyer or seller?