1. Most Discussed
  2. Gainers & Losers
HDR 0.0¢

update on chinguetti 4-5 well in mauritania wireli

  1. angers

    3,559 Posts.

    ROC OIL COMPANY LIMITED (“ROC”) RELEASE TO AUSTRALIAN STOCK EXCHANGE (“ASX”) UPDATE ON CHINGUETTI 4-5 WELL IN MAURITANIA Wireline logging, at a Total Depth of 2,605 metres, of the Chinguetti 4-5 appraisal/early development well has essentially confirmed the pre-drill expectation for this well in terms of the thickness, quality and hydrocarbon content of the reservoir. As a result, the Joint Venture plans to conduct a production test. In this well the reservoir sands appear to be of generally good to excellent quality with a gross oil column in the order of at least 50 metres and a net to gross ratio in excess of 50%. The Joint Venture is comprised of: Participant Equity Woodside Mauritania Pty Ltd (Operator) 35.0% AGIP Mauritania BV 35.0% Hardman Resources Ltd 21.6% Fusion Mauritania B Ltd 6.0% Roc Oil (Mauritania) Company 2.4%

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.