News Focus
News Focus
Followers 96
Posts 9061
Boards Moderated 0
Alias Born 05/19/2003

Re: 2IRAs post# 240593

Wednesday, 06/01/2011 8:12:02 PM

Wednesday, June 01, 2011 8:12:02 PM

Post# of 367111
2IRAs, Homeport's posting of the...

AOG search page reminded me that it was AOG that published the articles that I believe you were referencing.

First...

10/12/2009 - Addax 5th well in gas rich JDZ (Africa Oil and Gas) - 144 (aog v12-25 10december-text____0027)
This week the firm started drilling the Oki East well on Block 4 using the Deepwater Pathfinder drillship.
Addax recently finished drilling the Malanza 1X well in Block 4 and previously drilled Kina on the same acreage. It also completed Lemba in Block 3 and Sinopec drilled Bomu in Block 2.
In total, as previously exclusively revealed by AOG (see 29 October 2009) these first three wells are thought to have uncovered around 3 Tcf of gas, raising speculation of LNG or even floating LNG projects.

and later...

03/06/2010 - New model needed after gas in Joint Development Zone - ERHC (Africa Oil and Gas) - 48 (aog v13-11 3june-text____0023)
As previously revealed by AOG (see 25 March 2010), the five-well drilling campaign by Sinopec and subsidiary Addax Petroleum last year in the JDZ gave disappointing results, not only due to the fact that it was gas rather than oil but also because of the quantities discovered - only 1 Tcf.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y