MaRecto Bank (SC72 formerly GSEC101)
Results from the 3D seismic programme and its interpretation performed by independent consultants, Count Geophysics Limited, indicated mean volume of 3.4 TCF gas in place (GIP) from sands tested in the 3 wells drilled to-date and the extension of the structure to a possible closure of 290 sq. km giving a significant upside potential in these sands alone of 10 TCF. Additional untested sands, which are known to contain gas, could double this figure. The block also contains 8 additional leads which require further work that has the potential to add a further 20 TCF in aggregate.
Please note 3 wells DRILLED TO DATE!
SC40
Potential unrisked reserves estimates for the seven prospects and two discoveries within the SC40 licence total some 907 mmbbls and 3.167TCF in the gas case. On a risked basis, estimated potential reserves from the two discoveries sum to an aggregate 1.14 BCF of gas and estimated risked reserves from prospects within the licences aggregate 93 mmbbls or 320 BCF in a gas case.
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