When 3D is released I'm likely to have our geology/geophysics guys take a look, not that too much will be released of course as its too confidential for the investors (we're all idiots in the eyes of many co directors). But we will have a fair idea, and frankly both Noble and Premier have a much better track record than those Namibia people.
Well hi MikeyGit unlike Trp I have a heavy holding in this one, from my DES days so am very interested in developments here. I doubt there will be any well results until Feb 2015 at very earliest. That should be Zebedee which is not an exploration well but the result should be straightforward confirmation of sealion borders and an addition to the reserves.
Lets hope FOGL drill results do not come on a FRIDAY. DES announced on a Friday they had found oil and I am in TRP and they announced that their drill in Namibia was dry on Friday 13th---can it get worse than that??
but DES DID find oil--trouble is quality was terrible and by the Monday it had turned back to water!!!!! Ho Ho those were the days. As you say lets hope FOGL come good and STAY good. Patience is a virtue??
Problem is even if they come out tomorrow everybody knows drilling ain't going to take place till next year so loads of time to take a position. I'm already in,been in for years and will be topping up again near end of year. It may jump up a few % on seismic results but it ain't going to fly because of the timescales. All IMHO but wtfdik. Gl
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