A recentreport from Gaffney Cline & Associate has lifted Ubuntu's mean resourceestimate to 148.6 billion cubic feet of gas and 5.28 million barrels ofcondensate, providing support for a standalone condensate development,Eaglewood's chief executive Brad Hurtubise said at the 17th Asia Oil Week inSingapore.
Theproposed development is understood to include a 75-kilometre pipeline totransport the condensate to Drimdenasuk.
Eaglewoodhas submitted licence applications for both the condensate plant and thepipeline.
