Hi Neo-Nice Post. Extract below is statement by Exploration...

Hi Neo-Nice Post.
Extract below is statement by Exploration Manager @ Tower, and bears out one of your important observations...
Nigel Quinton, Head of Exploration commented “Our first well in this huge frontier block has shown that the Maastrichtian and Palaeocene reservoir sands were less well-developed in this location than we had hoped for, which was always recognised as a critical risk factor. As of now, our view of the prospectivity of the deeper section including the Albian carbonates, remains unchanged. As usual in frontier areas, it will take time to fully interpret the results of the well and assess the implications for the remaining prospectivity of PEL0010.”
(Extracted from Oil Dorado Namibia).
Thanks,
GLTA,
RR