Thursday, November 28, 2013 10:29:40 AM
If ToTal France couldn't make the JDZ find commercial , IMO , then I hardly think that another deep sea player would take on the JDZ. ToTal is close to being the benchmark for difficult drilling in the JDZ area. Tullow isn't interested in offshore so much now as they have much easier fruit to pick onshore Africa. IMO maybe when all else is found or used up then maybe SOMEONE " might " pick up interest in the JDZ.
The small players won't be able to afford to drill offshore with all the risks attached. IMO it's best to forget about the JDZ as it is weak in OIL as was reported by Chevron and ToTal.
*Krom , ToTal had no problem saying that Block 1 wasn't commercial so SNP should have been able to report the same. Lets face it the JDZ is for now Moribund and possibly in the future too. Our attention should be focused Onshore.
Lets concentrate on where there is oil to pull up and not old and should be forgotten territory.(the JDZ)
GLTUA
Baz
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