After graduating with first class honours in economics from Lancaster University in 2006, Jamie spent a number of years as a private client equity dealer gaining front-line experience in the investment industry during the most fast paced and volatile period in financial history. Having acquired an insight from both professional and individual investors, Jamie joined Proactive’s growing editorial team in 2009.
Consultant Gustavson viewed a ‘low case’ estimate of 2.01bn barrels in prospective resources, and a ‘high case’ of 7.2bn, with the 'best' estimate pitched at 3.98bn
At least one exploration well is contracted, though the addition of a second well is possible
“The opportunity at the Ortoire block represents a potential step change for Touchstone in terms of reserves, production and net asset value," said Paul Baay
“Today’s announcement is an exciting development for Falcon shareholders as the JV prepares to commence drilling in the highly prospective Beetaloo Sub-basin,” said Falcon boss Philip O’Quigley.
“Our focus remains on realizing value for shareholders through low-cost, high-margin production across our current portfolio"
“The team continues to optimise the wells drilled in the 2018 program which has resulted in significant changes to our stabilized base production rates,” said Paul Baay
“Solid 2018 reserves growth was achieved from our low decline production base and drilling success," said chief executive James Shipka.
“We are pleased to report that we started the calendar year 2019 with the same intensity with which we ended 2018,” Holzman said