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KOREA normal flu deaths per year 10,000
KOREA actual Covid-19 deaths of....... 84
THAILAND normal flu deaths per year 20,000
THAILAND actual Covid-19 deaths of..... 1 (yes ONE)
ITALY normal flu deaths per year of around 17,000
ITALY actual Covid-19 deaths of..... 2978
USA normal flu deaths per year 37,000
USA actual Covid-19 deaths of...... 150
Figures are since January, so coming up for 3 months of Covid-19 against 12 months of Flu, albeit Flu also kills most in the same non-summer months.
Shame this site doesn't always show all the trades, a few buys yesterday not shown. Certainly ADVFN is much more user friendly and has an edit option ...which I always need ;-)
Here is another link to a recruitment company, this time for S/Africa only on a Drillship
Makes me wonder who is drilling in S/A, Total drilling later in the year with a Semi-Sub.......Seapulse AEC/Azinam or Shell or Equinor whom also both have Azinam as a partner
Southern Africa, looking to a be a busy region for exploration
Some were buying cheap shares today as well ;-) Certainly the mm's have been dropping the sp of little volume, but who can blame them in the current situation. The market is normally ahead of the curve, so the first sniff this virus is going in reverse like it has in China and S/Korea hopefully we will see a bounce. Of course Venus is coming up and we still have a deal possibility. Fortune favors the brave, M/cap under £1.5m ;-)
MM's picking off cheap shares, I wonder whether the sellers know that Total are drilling Venus - 1 next month...…..each to their own.
Good luck to all GBP shareholders.
TGS seem hopeful for a Venus success......"Although a first major oil discovery as yet proves elusive, these existing wells have been stunningly successful in reducing risk for the forthcoming Venus well"
Oil Majors farm into Namibia and Western South Africa
Total currently drilling next door in Angola on the Kaombo ahead of the Venus well, the project will drill 59 wells from six fields targeting 600m barrels. Just shows the level of investment they are willing to plough into a field that doesn't seem massive compared to GBP's prospects
Note, Totals partners include Exxon and Galp
I have just made my final top of 50,000 shares this morning, good luck to everyone invested here.
Majors.....over to you, start drilling !!
I agree with you Jimarillo, volumes should I hope increase once Total start drilling Venus 1 next month. Will we see a Pancontinental (PCL) type rise, time will tell !
If Total and others believe that offshore Namibia is a highly prospective frontier region, that's good enough for me / my family to be invested in GBP.
I have only just realised that there is a filter option when you click on reply........works a treat ;-)
Indeed IV, we will see volumes increase here when drilling begins, but I expect we will see a fair bit of activity before then. AziNam and Seapulse to show their hand yet ..........
Electromagnetic Geoservices ASA (“EMGS” or the “Company”) is pleased to
announce that the Company has received a letter of intent with a minimum value
of USD 3.6 million from an undisclosed customer on behalf of a JV block
consortium, offshore Namibia. Under the terms of the pending data licensing
agreement, a final survey option type and license fee is expected to be
determined by the customer within end of Q1 2020.
So an update from EMGS as well before the month end
Brink of a deal?
$1.7mm in cash as of December 19. burn rate $2mm a year
so lights go out in..when, October?
Now it turns out that they don’t even have 3D so what are the resources estimates worth based on old 2D?
Unbelievable really, what have they been doing?
But are Exxon paying to get into this now 6 months from the Blocks going back to NAMCOR so they can rush into drilling on 2D? No chance.
On the brink yes, of a deal, no.
Let the Namibian drilling commence is what I say !!
Maersk Involver heading to the Walvis Bay, the most recent contract was with Total, but even regardless of that it is a Maersk vessel and an work up to 3000m and is capable of preparing drill sites ahead of the rig
ETA March 31st
Here we are on the brink of a deal, sitting on over 4Bln barrels, Exxon potentially on our tail and we are priced @ £2m
Exxon are looking forward and are not bothered with short term events. They know if they don't do a deal, others will
Just looking at the half year report again and didn't pick up before, that the PEL94 CPR was based on just 2D data. As is the CPR for PEL29
They expect to find more prospects/leads and to increase cos with the current 3D held by Namcor, which they are negotiating. Possibly the likes of Exxon will have already gained access to the 3D if (94&29) were of interest ?
EMGS another company adding to the seismic activity in the region, have a LOI for the Walvis Basin and in talks for further activity in the Walvis Basin
PEL29 must be one of the most, if not the most prospective blocks in the Walvis Basin without 3D coverage and has a commitment for 3D + well before the year end
The chance that the EMGS will be shooting 3D in GBP blocks in the coming months, does not seem far fetched to me at all, which would only be the case if a deal is concluded
Significantly again the company made no reference for a need for funding, which speaks volumes to me......
I could not get on online quote from the Share Centre this morning, Barclays would not provide a quote for £1k, had to settle for £500 @ 0.99p. MM's appear to be short of shares, bring on Venus 1 drilling asap :-)
The ASX, Woodside, GBP and Brent all up this morning, now there is a change
Great find M, certainly Peter Hill sounded very pleased ;-)
Half yearly is up to end of Dec 19 same as Quarterly published in January. It does put a big question mark on why they are highlighting Exxon.
No one can argue the current mess and hopefully all will about turn in a few months, that being control of the virus as China appear to have achieved but also the ego driven idiots at the helm of oil killing the value.
I personally see a storm brewing further down the line and it appears so do Exxon. A serious lack of exploration this last decade is storing up problems. Exxon appear to hold a contrarian view. Discover and wait, but keep discovering non the less.
For what it's worth... Exxon & Galp? shot 3D in PEL44 and walked away from the deal with M&P
?My guess is Exxon & Galp have seen enough in PEL94 to farm into 94 & 29?. I also think there will be an AEC/PCL style deal, with either AEC , Impact or even AziNam taking and interest in GBP Namibia
Here is the Half year report..... which on the ASX is not considered price sensitive, unlike the Quarterlies which are regarded as price sensitive. So any comments regarding further talks with counter parties has always been in the Quarterlies
However significantly, slide 3 is interesting as it shows a map of our licences and highlights Exxon to the North for the first time ever on a GBP produced map and no mention of any other company's blocks.
The Exxon blocks are in the dark blue coloured back ground (FFZ= Florianopolis Fracture Zone) as highlighted in the recent Paul Howlett post. GBP's blocks are also in a Fractured Zone currently unnamed. Is this the attraction for the likes of Exxon ??
Also of note, the plays in the Exxon blocks are, also found in PEL29 & 94
The company are currently finalising discussions regarding access to further 2&3D seismic acquisitions ......this very much makes me wonder if these discussions are including the counterparties
Paul is highlighting the fact that half/part of PEL94 and all of 29 is which is underlain by continental crust and magmatic crust this area is marked FZ= Fractured Zone. Clearly this is area is in the deeper water and where there is renewed interest is. East of here doesn't have the same characteristics