TOPページ
|
英語
日本語
|
CONNECT WITH US:
ホーム
JCNについて
サービス
お問い合わせ
会員企業ログイン
*
ホーム
プレスリリース
2016年07月15日 11時00分
Source:
Skyland Petroleum Group Limited
ASX Announcement - Skyland Petroleum Discovers Gas in High Potential Prospect
TBLISI, GEORGIA, 2016年07月15日 - (JCN Newswire) - Skyland Petroleum Limited (ASX: SKP) ("Skyland" or the "Company") is pleased to announce that testing of the Kumisi #2 Well in Georgia has resulted in gas flow with good pressure from the Lower Eocene interval.
The presence of gas in the Lower Eocene interval (which was also found to be gas bearing in the previous well) has significantly de-risked this prospect and gas produced to surface during the testing programme proves the presence of gas in the licence area, although no precise flow rate could be measured at this time. Skyland is in discussions with the operator in preparing the next steps on this discovery well.
The Kumisi #2 Well was drilled for targets in the Eocene sequences and, based on the independent resources evaluation carried out by Gustavson Associates with an evaluation date of 3 December 2015, at that time the Lower Eocene interval (gross for the Block XIG License) was assessed to have a: (i) best estimate level of 319 billion cubic feet (Bcf); (ii) low estimate level of 146 Bcf; and (iii) high estimate level of 600 Bcf of unrisked prospective resources present (at best estimate level).(1)
The well is some 10 kilometres from Tbilisi, the capital of Georgia and is close to operational infrastructure. Georgia is reported to be paying high international market price for gas supplied by Azerbaijan and this gas is being used for domestic purposes due to local demand.
Mark Sarssam, Chief Operating Officer, commented, "We are very encouraged by the recovery of gas from this well. Although further work will be required to establish the full potential, given the location of the well and adjacent infrastructure, any commercial development of gas within the licence area should be relatively simple. Our discussions with the operator continue and meanwhile this stage of testing has been completed."
About Skyland
Skyland Petroleum Limited is an oil and gas exploration and production company listed on the Australian Securities Exchange (ASX) and primarily focused on projects in Central Asia, the Caucasus and Russia. The company aims to create and maximize shareholder value by acquiring and developing a portfolio of productive oil and gas assets with significant unrealized technical and commercial upside at attractive acquisition metrics.
Disclaimer
This announcement may contain "forward-looking" statements and information. Except as required by law, the ASX listing rules and applicable regulations, the Company assumes no obligation to update any such forward-looking statements and/or information contained within this announcement. Any predictions made, or implications arising from, the information provided in this announcement are subject to significant risks and uncertainties that are difficult to predict. Such risks may include information regarding the ability of an asset of the Company to produce commercially viable hydrocarbons and any reader of this announcement should consider such risks pertinent to upstream oil and gas activities when reviewing this announcement.
Technical Disclaimer
It should be noted that there are numerous uncertainties inherent in estimating reserves and resources, in projecting future production, development expenditures, operating expenses and cash flows of hydrocarbon prospects and/or projects. Oil and gas reserve engineering and resource assessment should be recognised as a subjective process which cannot be measured without an individual judgment being made. References in this announcement to prospective resource estimates have an associated risk of discovery and risk of development. Further exploration and appraisal may be required to determine the existence of any quantity of potentially moveable hydrocarbons. Unless otherwise stated in this announcement, the information provided has been prepared in accordance with the standard definitions set out by the Society of Petroleum Engineers, Petroleum Resource Management System.
Those prospective resource figures quoted in this announcement have been prepared using the probabilistic method. Such figures are, net to Skyland's 20% interest in the Block XI G License: (i) best estimate level of 63.9 Bcf; (ii) low estimate level of 29.2 Bcf; and (iii) high estimate level of 120.1 Bcf.
The terms of the production sharing contract under which Skyland holds its 20% interest in the Block XI G License include a cost recovery ceiling of 50% with profit oil/gas split at 40% until all costs are recovered and 35% thereafter. A royalty of USD2 per barrel is in effect and this royalty is stabilised for the duration of the production sharing agreement. A commercial discovery bonus of USD5.5 million (gross) is payable upon the commencement of commercial production. No VAT is applicable on oilfield operations and no export taxes or duties are in effect. The Georgian government has a state back-in right of up to 25% under the production sharing contract with payment of appropriate compensation and future obligations.
(1) The estimated quantities of petroleum that may potentially be recovered by the application of future development projects relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.
For more information please contact:
Skyland Petroleum Limited
Jennifer McDonald
Investor Relations Manager
Email:
info@skylandpetroleum.com
www.skylandpetroleum.com
配信代行: JCN
Source: Skyland Petroleum Group Limited
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
関連プレスリリース
ASX Announcement: Skyland Petroleum Provides Prospective Resource Figures for East Siberian Oil and Gas Asset
2016年11月03日 09時00分
ASX Announcement -- Skyland Petroleum -- Acquisition Update on East Siberian Oil and Gas Asset
2016年10月24日 10時30分
ASX Announcement - Skyland Petroleum Establishes Oil Production in Tajikistan
2016年06月21日 12時10分
ASX Announcement -- Skyland Petroleum to Commence Production Testing in Georgia
2016年06月16日 09時20分
ASX Announcement - Skyland Acquires 20% Interest in Potential Production Project in Georgia
2016年04月29日 12時00分
ASX Announcement - Skyland Petroleum Announces Exclusivity Agreement Relating to the Potential Acquisition of an Interest in Four Oil and Gas Blocks in Sakha (Yakutia)
2016年04月27日 10時20分
Skyland Petroleum Limited Commences Trading on the ASX
2016年04月21日 11時40分
もっと見る >>
新着プレスリリース
GAMELIGHT はJOYCITYのために日本と韓国で257%、英国で230%のROAS D7からD30成長を達成ーケーススタディ
2024年04月30日 10時00分
FTLife Pre-Announces Name Change to Chow Tai Fook Life Insurance Company Limited
2024年04月29日 21時47分
UK advertising reports GBP36.6bn spend in 2023
2024年04月26日 18時30分
CanSinoBIO CSO Shares the Latest Results of the Company's Globally Innovative Pneumococcal Vaccine
2024年04月26日 16時36分
Internationally Renowned Botulinum Toxin Experts Join WizMedi Bio's New Botulinum Toxin Development Project
2024年04月26日 14時34分
スパークス・グループによる「宇宙フロンティア2号ファンド」の設立について
2024年04月26日 14時00分
トヨタ、2023年度 販売・生産・輸出実績を発表
2024年04月25日 16時16分
CITIC Telecom CPC Becomes New VMware Cloud Service Provider Pinnacle Tier Partner in the Broadcom Advantage Partner Program
2024年04月25日 14時07分
《"株のアルゴリズム取引"を個人投資家も実現可能に!》 株の自動売買アプリ「Trade Stand(トレスタ)」が 大幅アップデートを発表
2024年04月25日 12時00分
三菱重工、タイの超大型複合火力発電所プロジェクトでM701JAC形GTCCの7系列目が運転開始
2024年04月24日 14時30分
トヨタ・モビリティ基金、「自転車事故削減に向けた新たな官民連携のあり方」に関するシンポジウムを開催
2024年04月24日 14時00分
Honda、新型SUV「WR-V」受注状況について
2024年04月24日 10時00分
三菱みなとみらい技術館に「空・宇宙ゾーン」を新設、リニューアルオープン
2024年04月24日 10時00分
China Medical System: New Drug Application of Desidustat Tablets Accepted in China
2024年04月23日 23時06分
「富士通SX調査レポート2024」を公開、サステナビリティ経営成功のカギはデータ利活用
2024年04月23日 10時00分
富士通、世界初 形式の異なる企業のデジタルアイデンティティー証明書を変換する技術を開発し欧州データスペースへの接続実証に成功
2024年04月19日 10時00分
ランドクルーザー、新型車"250"シリーズを発売
2024年04月18日 15時00分
Honda、「N-VAN」を一部改良し発売
2024年04月18日 15時00分
三菱重工と日本ガイシ、アンモニア分解ガスからの膜分離水素精製システムを共同開発
2024年04月18日 14時00分
PAREMINAが革新的な抗老化ソリューションを携えて、Beautyworld Tokyo 2024でアジア初上陸を発表
2024年04月18日 13時45分
もっと見る >>