they keep making the sp look like its in the red every day. well my account seems to be going up every day. they just must have got used to putting red on our price for the last 10 years and can't get out the habit, lol
I expect VOG to drill more wells on other Aftrican asset next year sometime to beef up the future supply (the The Anomaly' lol. Actis 45mw deal for the moment maybe sorted within a year. At least the thermal customer base is still growing. Lol it's Cameroon not Camberley. Don't hold your breath unless training for an Olympic free diving event. Not too far from the November Interims anyway. Brrrrr.
bobby thats right, we have plenty of gas at the moment, infact if needs be we can increase the scuffs by building another processing plant or from memory adding to the one we have now, there is no need to drill at the moment at all, we aren't even selling a quarter of the gas we can supply to market at the moment. Actis can sign a contract with VOG to supply 10 scuff a day tomorrow for 20 years and we can supply them. after that we have time and a very good chance of getting the finance to drill for more gas. as foo said, quarter steps, so no spending $10-20 mill on drilling until most if not all gas is being sold to market what we have now. apart from that. how long would it take to plan and get a drill done and proven up?
foo does not seem to want to give out any info any more, not a bad idea with his passed record.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.