Friday, September 30, 2022 9:27:39 PM
The vertical well will target the main Gazania prospect, but also a secondary shallower target that is called Namaqualand.
If this vertical hits oil, they will then carry out a sidetrack into the Pelargonium target to see if that too has oil in it.
To be economically viable the discovery needs to be over 50m recoverable barrels. The potential here is up to 500m recoverable barrels from all three targets
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