September 2009 - FLEX LNG
September 2009 - FLEX LNG
September 2009 - FLEX LNG
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The Minza Project<br />
- Promising opportunity for a JV project<br />
<br />
<strong>FLEX</strong> <strong>LNG</strong> has signed an agreement to buy<br />
Minza Oil & Gas which holds a 100%<br />
ownership of JPDA 06-101A in the Timor Sea<br />
Acreage and Field Location<br />
<br />
The acreage was previously held by Shell who<br />
drilled a discovery well in October 1998. Minza<br />
secured acreage in 2006<br />
<br />
3 rd party evaluations suggest that field could<br />
hold in excess of 1TCF of recoverable<br />
resources<br />
<br />
However, the field will require additional<br />
appraisal drilling to prove-up estimates<br />
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