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#PRM, #GLV and #CLON are less than a few days away from one of the biggest oil and gas drilling events done by listed juniors in decades.
- The prospect they are drilling sits on the North West Shelf, offshore WA, home to the biggest ever gas project developed in OZ history...
- the Greater Gorgon Project owned by a joint venture between supermajors Chevron, Exxonmobil and Shell.
- To contrast, the Sasanof Prospect has a prospective Resource as follows:
•17.8 Tcf and 449 million barrels of condensate on a 3U basis (high case)
•7.2 Tcf and 176 million barrels of condensate on a 2U basis (mid case).
The prospect to be drilled sits on trend and up dip of the liquids rich Mentorc Field which is seen as analogous to the Sasanof prospect sharing similar geological fundamentals.
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