Red Sea Oil Corporation (RSO) Message Board

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Gold/Mining/Energy : Red Sea Oil Corporation (RSO)

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To: Donald Lickman who wrote (73)	1/19/1998 8:01:00 PM
From: Tomas	Read Replies (1) of 332

Donald: Most of the excitement was from the Zelten reservoir, thats true, but Facha is still very exciting! I don't expect Facha to flow as much as 4000 BOPD, but vacuum pumping can later bring production up to that level. This is what Lundin said a month ago before they decided to test more than one zone. Now we have two tests to look forward to. The early production will be trucked (50 km +-1km), a pipeline will be completed in one year from now. The existing pipeline network has an excess capacity of 350.000 bopd. We won't know if they have 100 or 180 million barrels of oil until March, 6-8 weeks from now.

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