Post TexasPete123 earlier today our time UK Site -that this week...

Post TexasPete123 earlier today our time UK Site -

that this week and next, is the concluding time of Tower's last 3 years worth of research and operations on area EA5. Let me just remind you of why i still will be holding for the official RNS (hopefully next week) -

update from Tower in Jan 08....

"Seismic interpretation has confirmed the similarity of EA5 to EA1, operated by Heritage, and the northern part of EA2, operated by Tullow, with prospects identified down to about 1000 metres. The geochemical survey involved sampling for heavy and light hydrocarbons at depths down to 1.8 metres. Field readings, particularly for heavy components were very encouraging. Independent laboratory analyses have confirmed the presence of natural hydrocarbons and the existence of an active oil source and migration system within the Block. To quote from the independent conclusions:

· The data suggest a source rock in the main oil window
· Data for two samples suggest the source rock:
o Is Late Cretaceous – Tertiary in age
o has fresh to brackish water lacustrine depositional setting
o has main oil window maturity
· There is some indication that one sample point may be an active seep

This substantially resolves the remaining area of uncertainty for exploration in EA5. "

Regards,
Tex

Quite interesting however not sure about Tower's reference to the Tullow site ie general or specific site. I will be holding like Pete and I hope he dont mind my using his post!