Its brewing Thank you for your interest in Mira Resources Corp.
Our company aims to be the best-in-class independent oil & gas company focused on West African proven energy plays in countries ranging for Ghana to Angola. Mira’s initial acquisition is the Tom Shot Bank Field- shallow offshore Eastern Nigeria. This field was an earlier discovery by Shell Petroleum now 54%- owned by Mira Resources.
Mira Resources Corp. recently completed their testing program at Tom Shot Bank 1 in late November 2011. The testing program was a huge success confirming the presence of a light sweet 41.6 API oil with no formation water produced during the tests. We are continuing to iterate work with our contractors to update the significant larger probably oil bearing sections into the 3D reservoir models which then will be supplied to an independent engineering firm to calculate new estimates of the potential of this field. The resource assessment in the 51-101 is being updated with an anticipated completion in January 2012. We will suspend TSB 1 and continue the completion as a producer in conjunction with the drilling of TSB 3 in early 2012. We are very excited to be working with our partners Associated Oil and Gas Ltd., Dansaki Petroleum Ltd. and Equinox to further test and develop Tom Shot Bank field.
For immediate information I encourage you to visit our website www.miraresourcescorp.com.
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Please feel free to call me anytime. Regards,
Jake Bouma
Investor Relations
Mira Resources Corp.