A quick summary by joste who was at the presentation in London tonight.. Here goes:
Puntland Shab-n 80% chance commercial find Two sites already prepped for 3rd & 4th drills. Offshore 3 year programme requiring 3d
Trinidad 16 wells drilled and successful, 5 drills being completed Rig 8 pudding this month Beach marvelled 12million barallels without secondary recovery Looking to add another 120 staff by year end Beach is saturated and over spilling oil in areas Qun117, 121 & 128 found add itional payzones Project just keeps getting bigger Hearers there just don't know how big. Rig 7 pudding October rig 8 mid August 62 well program for 2013 2500 barallels by year end 60-70% reduction on royalties for sec recovery 15-50% reduction on new drills(?)
Colombia 3d program, 2-3billion barallels, virtually zero chance of not having drill targets
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