Chikuduk is not 30 x 50 miles in size. The initial press release
(see #42) stated that the largest structure [I'm assuming they
were referring to Chikuduk] was 50 km in length. The width was
not stated.
However, if we were to assume that Chikuduk was 30 x 50 km, then
it would be 1,500 sq. km. Since 1 sq. km is equal to 0.386 sq. mi,
Chikuduk would be about 579 sq. mi in size, which is 370,560 acres.
That easily fits within the 470,000 acres (or 10%) of the concession
that AIPC can keep for themselves. In addition, the Begesh structure
is mentioned frequently. If one assumes it to be about 1/4 the size
of Chikuduk, then it would be 375 sq. km or 145 sq. mi (92,800 acres)
in size. Then, both Chikuduk AND Begesh would fit (463,360 acres) in
the 10% stake that AIPC can keep! Given about a 10% margin for error,
we reach the 470,000 acre limit.
Of course, there ARE some assumptions here regarding the width of
the Chikuduk structure and the total size of the Begesh structure.
But isn't it interesting to see how closely these two major fields
which supposedly contain ALOT of oil MIGHT fit into the 10% stake
that the Kaz government is allowing AIPC to keep? Does anyone know
the actual width of Chikuduk or the length/width of Begesh? Are does
anyone know if the Kaz government routinely auctions their land for
oil exploration with a giveback of 90% after N years? In other words,
is 10% normal for this type of agreement?
Just note that this is my own sizing analysis, some of it based on
the data provided by AIPC in their initial press release, and the
rest being hypothetical assumptions on my part.
Regards,
JT |
