Oyster boss opens up about ‘world-class’ potential of its Djibouti and Madagascar assets

[Deeq A.]

Oyster Oil & Gas Ltd (CVE:OY) president and chief executive Michael Wood updates investors at the World Oil & Gas Week in London.

He talks to Proactive’s Andrew Scott about the “huge potential” of its two assets in Djibouti and Madagascar.

“Both assets have the potential to make new world-class discoveries.”

Wood adds: “Arguably why I started Oyster was to get back into that block in Madagascar [where] we saw huge potential with map structures that are measuring potentially into tens of billions of barrels.”

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