If 1 and 3 are both conservative, that leaves a gap imo. A big one. I know it's just one (the best) prospect.
Addax said more or less that the shareprice should double. They talked about a company maker.
How much oil has to be found in the JDZ for ADDAX to double their proven oil portfolio. Just to get some kind of indication of what they think is down there.
129365 for what it's worth, eoim
The big dome at Kina (block 4) makes the structure at Agbami looks like a child's play. If you look carefully at KINA's seismic profile, you would notice that the head of the dome started at approximately 700 m (approx. 2100 ft) below the 36 inches casing shoe and continues for more than 6000 ft dowhhole.
What I found rather moe interesting too is the width of the pool that streches through the MEANDERING CHANNEL! From the seismic profle, it is clear that the width of the payzone increases as we go deeper into the formation.
This is what some geologist call "OCEAN WELL". Oil that flows beneath the ground like an OCEAN!.
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