Noble updated its Tanzania exploration plans. The 3D seismic program has recommenced and is set to be completed by late February. The Company is in a farm-out process, with non-binding bids expected by end-Q1'23 and is currently evaluating four rig options ahead of drilling in Q3'23. Noble is confident that it will be able to announce high quality drilling targets with a 10.5bcf target called Chilichili highlighted.
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