Thursday, September 19, 2019 4:10:57 PM
Excerpt from GS’s 2019 Presentation, Page 16, Tau No. 1:
•Tau No. 1 well ”Significantly De-Risked” this potential oil and gas field
•”Thicker and Higher Quality” Sands Encountered
•Recovered samples demonstrate “Oil Migration”
•Sand model demonstrates “increasingly thicker Sands ahead” - anticipated to be similar to the productive reservoir sands at nearby Mahogany field
•80% of the reservoir sand series potential has yet to be drilled
Smith
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