well said im in because of bp im topping up more next week this will get very intresting pre drill a pound is possible and the lure of haveing bp fund this is superb as i learnd with these buy now and wait and then the herd arrives 20p later buying at these prices is fine im happy here
in again as 32-50 seems bottom hope so going toforget about this now like i should have bor sold to soon missed out on another nice chunk but the des thing made me nervous oh well good luck all hers to a pound
I have an intimate knowledge of West Africa and thanks for the reply. This seems a good punt. Deep water drilling techniques have been refined in recent years and the potential is huge. BP have huge interests just North in Angola and have been stripping huge oil reserves for the last couple of years using FPSO. The infastructure took BP a few years to establish in that part of the world but their investment is such that their interest in Serica suggests that there is a great potential. Ireland have huge gas reserves off the West coast and Corrib terminal has been built by Shell to accept those reserves. Lots of enviromental issues prevent Shell from bringing Gas and Condendsate ashore though. West Ireland is a hotbed of protest. Ireland needs the cash though so everything will steamroller through that has potential. The punt must be because of Namibia though - an energy starved country that is currently reliant on South Africa. I will take some of this action. Thanks
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