Saturday, August 13, 2022 2:08:08 AM
Upper is the Namaqualand and below that the Gazania target.
If those targets have oil, they will then do a sidetrack into the Pelargonium target which would then take prospective resources up to around 500 million barrels.
At 60 dollars oil price, a commercial discovery is anything over 50 million barrels.
So all the targets of the Gazania-1 are commercial as a stand alone, either Namaqualand or Gazania or Pelargonium - or if they all come in, its a 500 million recoverbale barrel monster discovery.
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