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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.


TSX:AOI - Post by User

Comment by hikarion Oct 03, 2024 12:55pm
120 Views
Post# 36251935

RE:I Find It A Little Difficult

RE:I Find It A Little Difficult
 
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Sintana Energy Inc V.SEI

Alternate Symbol(s):  SEUSF

Sintana Energy Inc. is a crude oil and natural gas (hydrocarbons) exploration and development company. The Company is engaged in petroleum and natural gas exploration and development activities on five highly prospective, onshore and offshore petroleum exploration licenses in Namibia, and in Colombia’s Magdalena Basin. The Company holds an indirect interest in the petroleum exploration license (PEL) 79 (Blocks 2815/2915) which is located in the northern Orange sub-basin off the south-west coast of Namibia. It also holds a portfolio of offshore petroleum exploration licenses (each a PEL), including a 15% limited carried interest in PEL 87; 10% limited carried interests in each of PELs 82 and 83, and a 10% limited carried interest in PEL 90. The Company also holds private participation interests of 25% unconventional (carried) and 100% conventional in the potential hydrocarbon resources of the 43,158 acres Valle Medio Magdalena 37 (VMM-37) Block in Colombia.
 
 

TSXV:SEI - Post by User

Comment by hikarion Oct 03, 2024 12:52pm
0 Views 
Post# 36251933

RE:RE:RE:RE:RE:RE:RE:RE:Bose Update…


3,942 Posts.
 1288
 
'It's an elephant': TotalEnergies' next Namibia probe to target 1 billion barrel resource

"TotalEnergies will be targeting a billion-barrel resource with its next deepwater well offshore Namibia, according to chief executive Patrick Pouyanne. The Tamboti-1X probe is due to spud shortly in the northeast of Block 2913B which hosts the supermajor’s huge Venus discovery. Fresh from completing what is thought to have been an unsuccessful exploration well on the Niamou prospect in Congo-Brazzaville waters, semi-submersible Deepsea Mira is en route to Walvis Bay to stock up on supplies before heading to the drilling location in the prolific Orange basin. According to marine intelligence provider VesselsValue, the semisub is currently off Namibia's Skeleton Coast.

During TotalEnergies’ strategy and outlook event in New York on Wednesday, its chief executive was asked by an analyst to give a pre-drill resource estimate for Tamboti. The initial response of Pouyanne, who is normally reluctant to go public on resource numbers, was to say: “It’s big.” When asked what “big” meant, he volunteered that Tamboti is an “elephant.” After a short pause, Pouyanne revealed that “it’s a billion barrels,” although it is unclear if this is a recoverable number or oil-in-place (OIP) estimate.

Speaking at the same strategy event, the supermajor’s upstream boss Nicolas Terraz said Tamboti was “de-risked by a well drilled last year” on Mangetti. The Mangetti-1X probe hit two reservoirs – which Upstream was previously told could hold 1.5 billion barrels of OIP - before drilling deeper to appraise the northern extent of Venus. Given its nomenclature – 1X – it is assumed that Tamboti will target a prospect separate from Mangetti and Venus. Upstream has been told that the Tamboti probe will not target Venus-age reservoir sands, which, together with Terraz’s comments, implies that it will be aiming for the 
 
'It's an elephant': TotalEnergies' next Namibia probe to target 1 billion barrel resource

"TotalEnergies will be targeting a billion-barrel resource with its next deepwater well offshore Namibia, according to chief executive Patrick Pouyanne. The Tamboti-1X probe is due to spud shortly in the northeast of Block 2913B which hosts the supermajor’s huge Venus discovery. Fresh from completing what is thought to have been an unsuccessful exploration well on the Niamou prospect in Congo-Brazzaville waters, semi-submersible Deepsea Mira is en route to Walvis Bay to stock up on supplies before heading to the drilling location in the prolific Orange basin. According to marine intelligence provider VesselsValue, the semisub is currently off Namibia's Skeleton Coast.

During TotalEnergies’ strategy and outlook event in New York on Wednesday, its chief executive was asked by an analyst to give a pre-drill resource estimate for Tamboti. The initial response of Pouyanne, who is normally reluctant to go public on resource numbers, was to say: “It’s big.” When asked what “big” meant, he volunteered that Tamboti is an “elephant.” After a short pause, Pouyanne revealed that “it’s a billion barrels,” although it is unclear if this is a recoverable number or oil-in-place (OIP) estimate.

Speaking at the same strategy event, the supermajor’s upstream boss Nicolas Terraz said Tamboti was “de-risked by a well drilled last year” on Mangetti. The Mangetti-1X probe hit two reservoirs – which Upstream was previously told could hold 1.5 billion barrels of OIP - before drilling deeper to appraise the northern extent of Venus. Given its nomenclature – 1X – it is assumed that Tamboti will target a prospect separate from Mangetti and Venus. Upstream has been told that the Tamboti probe will not target Venus-age reservoir sands, which, together with Terraz’s comments, implies that it will be aiming for the shallower plays hit at the Mangetti well."

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