02-23-2012, 08:47 PM
PRL 15 is E/A and feeds Gulf LNG, and is what will define PDL for Gulf LNG Project. Awaiting NEC approval. Strategic partners/LNG operators bidding here (KOGAS and others), likely no SM wants only a piece of PRL 15 action.
T-2 is beyond PRL 15, validates seismic work indicating vast hydrocarbon potential in several other prospects, reefs in IOC tenements. Beyond PRL 15 is where Mitsi/JAPEX have interest and the SMs have set their sites.
Success at T-2 shows enough local feedstock for 8.5-10 Mtpa project NEC and Gulf LNG Partners want. T-2 success also makes buying in beyond PRL 15 very expensive. Update prior to March CC ? Size it up and sell it off.
T-2 is beyond PRL 15, validates seismic work indicating vast hydrocarbon potential in several other prospects, reefs in IOC tenements. Beyond PRL 15 is where Mitsi/JAPEX have interest and the SMs have set their sites.
Success at T-2 shows enough local feedstock for 8.5-10 Mtpa project NEC and Gulf LNG Partners want. T-2 success also makes buying in beyond PRL 15 very expensive. Update prior to March CC ? Size it up and sell it off.