RE: RE: Delay of the report
From "Management Discussion and Analysis" released April 30
"The Resource Assessment is currently underway and nearing completion at RPS Energy Group (RPS), part of the RPS Group PLC (www.rpsgroup.com). RPS is a globally recognized leader in all aspect of the Upstream Oil and Gas Business with offices located throughout the world. The technical group working on our new NI 51-101 is based in both the UK and Canada and consists of 11 professionals with extensive experience in Nigeria and the petroleum industry. This group was selected to conduct the revised NI 51-101 due to their extensive knowledge of Nigeria and Laminated Reservoirs. We have supplied RPS with all of the data from the field as well as several of the adjacent fields in the area. The preliminary results, yet to be certified, suggest that we will significantly enhance the resources within the field. Final Certified Resource Numbers are anticipated in mid to late May 2012."
/Peakoil