News

Gaffney Cline and Associates Volumes Review Report defines - 1.7 Billion Barrels of Prospective Resources

Updated - View the Prospex Presentation NSNR had a very successful Prospex Fair on 11th and 12th December with two talks presented on the Devil’s Hole Horst and a significant level of interest in the NSNR Super Giant Oil Discovery. The two talks were on the verified volumes and the Geochemistry of the Devil’s Hole

Announcement of Global CPR Provider audit of Volumes confirmed as: Jurassic Sand – 1.2 BBO Mean Prospective Resources Upper Dolomite - 76 MMBO Mean Contingent Resources (NSNR Classification) Lower Dolomite - 412 MMBO Mean Prospective Resources Devonian Sand - 10 MMBO Mean Prospective Resources CEO – 2nd December 2019

Oil Migration Study results in significant risk reduction of Source Effectiveness risk.   A major new rigorously calibrated geochemistry and oil migration modelling study using Trinity software has demonstrated billions of barrels of oil migrate up dip from the world class oil generating Central Graben kitchen directly updip into the Devil’s Hole Horst prospect.  

North Sea Natural Resources presented a poster on its Devil’s Hole Horst Prospect Opportunity Significant interest was shown by super majors and nearby operators.

Fluid Inclusion and Geochemistry Study on the vintage well 27/3-1 on the DHH prospect reveals the oil is sourced from the Jurassic. This derisks the prospect and means that the giant prospective resources are now linked to a proven generating oil kitchen.

Successful Prospex Fair in December 2018 has generated significant interest from several oil companies. Fluid inclusion and Geochemistry studies in progress. These will identify oil and hydrocarbon types and match them to known oil fields and known oil source rocks. This will define migration pathway and derisk prospect further prior to 3d seismic and drilling.