The current licence, P1609, was awarded in 2009 and is currently owned:
Based on the appraisal well drilled in 2016, API is estimated at approximately 11 degrees.
Certified Stock Tank Oil Initially in Place (STOIIP) estimates from the CPR are:
|Skipper STOIIP (MMBbls)||P90||P50||P10|
CPR economically recoverable resources are estimated at:
|Skipper Resources (MMBbls)||Low Estimate||Best Estimate||High Estimate|
While the Skipper oil properties will present a challenge for refining and marketability, IOG has retained the Skipper licence until February 2019 in order to further consider potential routes to commercial development of the field.