Monitor eagerly awaiting Recon’s 8-2 result

Monitor Exploration eagerly await news of the latest ReconAfrica well, where we see a reasonable chance of a discovery at this location in the Karoo rift.

We anticipate good quality basal sands in the rift with access to oil charge from the main Owambo Basin and that seal quality will improve in this central rift location.

The depth section shows some evidence for structure at the well location so all of the elements appear to be coming together.

The deeper section may give some surprises but is very much uncalibrated, unlike our plays in the central basin.