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Thanks Lexa. "The Age" article puts a fresh spin on the Banda...

  1. 490 Posts.
    Thanks Lexa. "The Age" article puts a fresh spin on the Banda gas/oil find. Here are some excerpts:

    " ... the Banda result has fuelled new optimism in the Woodside and Hardman camp ... because Banda is the first turbidite-sand oil find by the joint venture offshore from Mauritania. The broad lateral extent of such stratigraphic traps - Chinguetti is a standard structural trap - means that early talk rates Banda as an oil find of 100 million barrels, with several trillion cubic feet of gas.

    Turbidite sands elsewhere off west Africa, as well as Brazil and the Gulf of Mexico, have yielded big discoveries in recent years. The Mauritanian exploration fairway controlled by Woodside/Hardman contains dozens of similar targets.

    The sizeable gas field found by the Banda result was also not without merit, given that Mauritania has a diesel-generated power supply ... "

 
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