GREY:ENGFF - Post by User
Post by
Columbus1494on Jan 01, 2011 7:06pm
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Post# 17915298
880 million barrels of oil in Lotshi?
880 million barrels of oil in Lotshi?Here is an article from 2005,in that article ZBC and ENG`s concession are mentioned.
Its said that there are 6 leads and 880 million barrels of oil there.Somewhat unclear if
its referred to all of ZBC or only to Lotshi.We now know that the resource estimate only for Nganzi was around 800 million barrels.
EnerGulf eyes DR Congo
Houston explorer EnerGulf Resources looks set to enter the Democratic Republic of Congo's upstream play after signing a Memorandum of Understanding (MoU) covering a concession near the country's border with Angola.
EnerGulf said it will hold further talks with the Congolese Ministry of Energy to settle final terms for the concession which covers most of the Les Zones bu Bassin Cotier (ZBC).
The ZBC covers about 4900 kilometres in the onshore coastal Congo Salt basin in Congo's west. EnerGulf added that concession is close to Angola's Malongo and Takula fields, which holds more than 500 million barrels of recoverable reserves.
EnerGulf said that the ZBC has six untested leads with potential recoverable reserves of 880 million barrels of oil.