I agree with you that Tembo-1 results, especially primary target in Cretaceous (due to reach in next 10 days) are "very significant" for AEX, not only because our Rovuma acreage is in the same play fairway as Anadarko's onshore Rovuma acreage (where they're drilling Tembo-1) but also, perhaps more importantly, Anadarko have stated that they won't announce Tembo-1 results until they have drilled down to Tertiary at 4,300 m (which will take another 30-60 days) - which means that if they do find commercial oil or gas in the Cretaceous in the next couple of weeks they'll have an opportunity to make, and progress, a takeover bid for AEX before they have to announce Tembo-1 results to the market... ;-)
Yes in fairness, David comes across very well .... seems bluntly honest doesnt he.....his twitter feeds are often short and to the point although heavily REM focussed..... I think the big play for him & Solo is Tanz and thats where we will see significant upside for all of us ..... fingers crossed for HH.... the 20% comment from the project engineer chap at HH seems a little odd to me but Oil is not my sandpit or expertise.... im kinda hoping that all the other companies involved must have had some info that 20% oil hit is max exposure and on that basis worth the risk investment? Its getting to be squeakie bum time!!
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