(via NewsDirect)
Blaisse explains that the funds will primarily be used to drill at the Itumbula prospect that lies in the same
The company aims to test a faulted three-way closure, focusing on the Kuru target, at depths of about 1200 meters. She goes on to give an update on progress at the Tai-C Well, where the company has been preparing for spudding during the last few weeks by bringing in the rig and setting up the amenities for the workers.
The drill rig is now fully assembled and she expects operations to last for around a month once first spud is complete, followed by logging and gas sample collection for thorough analysis. Despite the inherent challenges of African projects, Blaisse expresses confidence in the team's preparedness.
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