Solo Neil Ritson Stated
“Tanzania – A country considered by many as the new energy
hub of Africa”
“Discovered a Major Gas Condensate filed at Ntorya”
“Onshore appraisal underway”
“Pipeline systems needed to monetise are already in place”
“It is already Commercial”
“Reserves potential indicate it could be a GIANT”
The above was stated in December 2016 prior to the RNS from
Aminex PLC 6th February 2017…
Aminex is pleased to announce that the Ntorya-2 appraisal
well has been
successfully drilled to a depth of approximately 2,750 metres. At
2,596 metres drilling depth the well encountered a gross gas bearing reservoir
unit of approximately 51 metres. Preliminary petro physical analysis of the
Logging While Drilling (LWD) logs indicates a porous and hydrocarbon bearing
reservoir with a potential net pay of between 25 and 30 metres. Drilling of the
reservoir section was associated with significant gas influxes and higher than
expected pressures. The result is well ahead of the Company’s pre-drill
expectations.
The well is currently being deepened to a total depth of
approximately 2,780 metres, prior to a wireline logging programme being run, to
allow for the setting of a 7-inch liner below the reservoir interval. Detailed
petro physical analysis will be conducted on both the LWD and wireline logs.
Preparations are currently underway for a comprehensive well testing programme
and the Company expects to have results of the flow-testing and ongoing
petro physical analysis by late February.
Ntorya-2 also encountered traces of oil in the gross
reservoir interval and the Company is now evaluating the implications of this
positive development through an updated basin model.
Well Test Results
“Now know we have a SIGNIFICANT Gas Package”
Gross reservoir package of 52 metres”
OIL SHOWS THROUGHOUT the reservoir”
“World class basin”
Aminex has found a 51Mtr (166ft) zone and as Dr Doug Haywick
of the University of Alabama is pointing at a HORRENDOUS Gas Zone being between
100 and 200ft, I'm really not surprised that the language from the board of
directors has been of a "Company Changing" -
"Country Changing" - "World Class Find".
For a little technical study, you may wish to read the
article: Porosity - A Horrendous Gas Field