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Ashanti Gold Corp. GULSF

"Ashanti Gold Corp is a Canada-based mining company. It operates in one business segment that is Mineral Exploration and Development in Western Africa. Its project consists of Kossanto East project, Ashanti Belt project, and Anumso gold project."


GREY:GULSF - Post by User

Bullboard Posts
Post by snafuron Jan 15, 2008 8:13pm
422 Views
Post# 14208756

3 more targets in Maria Block 15/18a

3 more targets in Maria Block 15/18aSomebody asked today about these ominous 3 other targets in block 15/18a. All three plays are deeper Jurassic plays, two of them have been successfully drilled in the past. Some guy (or girl) who obviously likes playing golf named them Par, Birdie and Eagle: With Birdie and Par, we have again a previously discovered resource. Birdie was tested at 6650 bbl/day and 10 mcf gas/day. Par had also a successful well, no numbers known. The Eagle prospect was never drilled, having the highest potential though. Maria, Par and Birdy (discovered resources) have a P50 of about 30 million bbl. Eagle could add another 63 million (P50 also). This is without the gas, Eagle has a P50 of 77 bcf gas, for example. Quad 15 is a very prolific area, it is the key area of Oilexcos success. Here's a map that shows the very near neighbourhood of block 15/18a: Any resource there has a lot of possibilities to get produced. You can simply choose where to tie in. Enough infrastructure around.
Bullboard Posts