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World Stocks

Red Emperor Resources

Georgia

(ASX & AIM: RMP)
Informed Discussion. No ramping. No deramping.

Georgia

Post Thu Apr 12, 2012 9:09 am

Side track! See range RNS footer. Interesting.

* In the Republic of Georgia, Range holds a 40% farm-in interest in onshore
blocks VIa and VIb, covering approx. 7,000sq.km. Range completed a 410km 2D
seismic program with independent consultants RPS Energy identifying 68
potential structures containing an estimated 2 billion barrels of
undiscovered oil-in-place (on a mean 100% basis) with the first
(Mukhiani-1) of two exploration wells having spudded in July in 2011.
Re-interpreted seismic supported by the Mukhiani-1 vertical seismic
profiling has identified new fault and stratigraphic trapping potential
with the possibility of a side track well to be drilled post additional
seismic in 2H 2012.
Robertsy
 
Posts: 47
Joined: Mar 2012

Re: Georgia

Post Thu Apr 12, 2012 10:04 am

Over 3 months old
verysensiblemike
 
Posts: 1574
Joined: Mar 2012

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