Lambouka Estimates 309 Bcf

Drilling Activity Details

Locations

Tunisia

Operators
Post Date
Well Name
#1-Lambouka
Geo Coordinate

Drilling Activity Summary

Description

ADX Energy Ltd. has completed an initial evaluation of #1-Lambouka well results and has generated a preliminary resource estimate for the Lambouka gas discovery. The mean recoverable gas resource is estimated to be 309 billion cu. ft. with potential for significant associated condensate volumes. The resource evaluation is based on the incorporation of a comprehensive set of logging-while-drilling and wireline log data, gas chromatography data acquired during the drilling campaign, and an updated 3-D seismic interpretation incorporating geological data acquired during the drilling of #1-Lambouka.