FYI from http://www.vanoil.ca/s/Seychelles.aspVanoil holds a 25%...

FYI from http://www.vanoil.ca/s/Seychelles.asp


Vanoil holds a 25% working interest in Seychelles Areas A and B with its partner Afren. Areas A and B comprise 14,319 km2 in total and are located on the Seychelles micro-continent in shallow to deep water in the northern half of the Seychelles plateau in a region where Amoco previously drilled three exploration wells were drilled, all of which encountered oil shows and, along with the presence of multiple seeps and tarballs, confirms the presence of a working hydrocarbon system. Some 50,000 line km of 2D regional seismic has been acquired to map the basin. Interpretation points to a Seychelles, thick and contiguous sedimentary section with source (Perma-Triassic-Karoo), reservoir(Perma-Triassic-Karoo) and seal potential source and reservoir. •Vanoil and Afren have acquired some 9,000 line km 2D seismic
•Vanoil and Afren have acquired 3,375 km2 3D seismic
•Drilling is planned for late 2014