WDS woodside energy group ltd

Further news from Galp (southern neighbour) on Mopane...

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    Further news from Galp (southern neighbour) on Mopane (Sagittarius-1X) is imminent. Reasonable to say that is relevant given that Mopane looks to have 10bn+ barrels already. The beauty for WDS is that PCL has reported in their recent quarterly, "two primary exploration leads within the Saturn Complex that cover a combined area of up to 1,385 km2. Both leads are interpreted to have good reservoir potential within reworked ponded turbidite sandstones that exhibit Class II AVO anomalies and are optimally located to receive hydrocarbon charge from the underlying Kudu Shale source kitchen, which is interpreted to be within the oil maturity window within the vicinity of the Saturn Complex". Oryx and Hyrax are ticking all the same geological boxes as Mopane and appear considerably larger. Big year for WDS on the Namibia front.

    https://hotcopper.com.au/data/attachments/6797/6797659-14750d2b2a48c11ad63a9d32ffae933c.jpg

    Last edited by jibbybagger: 10/02/25
 
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