Independent Resource Assessment - License Area, Egypt

We carried out a re-interpretation of vintage seismic data to provide the Client with an independent assessment of the block. We re-mapped a number of reflectors.  We confirmed the presence and size of an untested prospect at Top Nubia level. We calculated the oil in place, recoverable reserves (min, most likely and max) for the discovery in the block. We also evaluated the Chance of Success for the prospect. We completed the work by identifying a preferred drilling location to test the Top Nubia and designed a well prognosis for the location.

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