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oilman57

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oilman57

Re: pappin post# 24536

Thursday, 02/23/2006 12:44:26 PM

Thursday, February 23, 2006 12:44:26 PM

Post# of 361667
Here is the reserve potential in Block 4 where we will be signing the PSC tomorrow (2.5 to 3 billion barrels):

Operations: Sao Tome/Nigeria JDZ
Awarded 10% (7.5% net) in Block 4 of Sao Tome /
Nigeria JDZ
$US 90 million gross signature bonus
212,000 acres (16,000 net)
World class exploration acreage
Several elephant size structures mapped on 3D seismic
Potential 2.5 - 3.5 billion barrels

http://www.centurionenergy.com/index.php?option=com_content&task=view&id=92&Itemid=65

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