I think this is a great announcement!!! 3 out of 3 in a new area, awesome!!! We have confirmation of a number of things:
- Waraga and Mputa are not connected. So the field isn't going to be as large as we all hoped, but I think we knew that last week anyway.
- Mputa has a potential oil column height of 100m in the upper zone!!!!
- Estimates of oil in place to follow shortly :)
- No column height or net:gross in the lower section. Is it 5 metres at Mputa-2, or Waraga-1?
We have got some great announcements to look forward to in the next few months, happy to be a holder.
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