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Again large trades sitting on the bid over on ASX pre-open
2 x 444053 1.8¢
3 x 694053 1.8¢
All going a bit quiet here. Are you on holiday, Jimarillo/Marmited? Miss your multiple daily flannel bulletins. Apart from someone liking a post somewhere, the reporting of which really is the depth of desparation (although not a first), it seems you have nothing to tell us as we witness the cash continuing to dwindle day by day. One can only hope there is a special sort of karma for rampers.
What a total waste of time of a post. A special sort of karma for rampers? Got to be one of the most useless posts Ive ever read on here.
Aw, looks like I have my own pet troll.. sshhh, there, there.. keyboard warriors are ten a penny.. How about you challenge alledged ramping with some of your own ideas? I'm all ears!!
Come on! You have made your grand entrance.. the stage is all yours..
Not sure if there is any point either ramping or de ramping here, reckon the BB only gets 2/3 visits per day, max.
To be fair GBP is little more than an AIM shell. Lets see if Autumn drills get the SP moving. Fingers crossed
Absolutely, we have Majors who are planning to drill during the next 12 months in offshore Namibia (actual dates to be confirmed), Jimarillo and Marmited have very helpfully provided the names of the companies in previous posts.
Pancontinental drilled in September 2018, interestingly GBP's SP high was in September 2018.
I'm looking forward to drill dates being confirmed.
GLA
just wish Perry would challenge the data, geology, history, recent drill results, future drills and the implications etc which maybe we could all learn from rather than a personal accusation. It won't stop me posting, after all, the reason I post info isn't to push up a share that has maybe a giddy 2-3 trades all day (that's on a busy day) it is for the info to be challenged.. the more heads the better..
Why not filter Perry out?
As far as I'm concerned, it's onwards and upwards here, just waiting for drilling dates to be confirmed, then things could get very interesting around here.
I'm fully loaded now at 1.06% :-)
Ah, everyone has an opinion valid to them and if I did I might miss something useful one day? I won't engage in the taunting any further.
On another note.. Galp..
https://www.upstreamonline.com/hardcopy/1817838/galp-eyes-namibia-probes
That is the news that I want to hear.....Galp undertaking environmental impact analysis in offshore Namibia, the precursor to drilling in 2019 - 20.
Events are unfolding nicely imo.
Upstream are running their 14 day free trial again, just have to register to be able to open the link. I have run out of email addresses for this purpose. anyone else care to register ?
Looks like Galp don't want to be left out and want to take advantage of discounted rig rates and any discovery from wells being drilled all around them.
Galp/Exxon are in PEL82 Walvis basin adjoining PEL44 M&P/Azinam/Exxon.
They also operate PEL 82 in the Orange basin adjoining Shell/KosmosPEL39, newly acquired PEL90 by Tullow, Total PEL56 and to the north PEL87 PCL
Total have booked the Deepsea Stavenger again for the follow up wells in S/Africa in Q1 2020. The rig is currently on contract with BP in the N/sea until then
https://newsweb.oslobors.no/message/481291
Looks like they will after all be using a different rig for the Venus well, the West Eclipse still in Walvis Bay and drill ready
This is why they wanted the same rig for the S/African wells
https://www.ep.total.com/en/innovations/best-innovators-2019/innovative-solutions-achieving-impossible-south-africa
https://www.total.com/en/news/exciting-exploration-prospects-africa
Surprised with the uptick today and the price paid compared with previous buys
Been looking around for info and seems everything has gone quiet, regarding the upcoming wells for this season, but news will out soon as we are so close to the season start
Namcor are said to be going live with their new structure this month and it seems their website is down currently so maybe due to be updated. I did email them a week or so ago with no reply
Quarterly report due at the month end, if nothing else
The purchase today does look interesting, possibly a sign that shares are becoming scarce because GBP investors are holding on to their shares in anticipation for drilling news.
The height of summer is upon us, I can't see any significant news coming through until September / October.....tick, tock.
"a sign that shares are becoming scarce" Indeed there has been a few lumpy buys this month so far and at least one marked as a sell, which I know was a buy
Good piece, seems to describe Walvis Basin Ridge in all but name
https://www.spectrumgeo.com/wp-content/uploads/Rodriguez_FB_ST_June_2019.pdf
I noticed a change of shares on the bid over on the ASX, buy orders queuing up 3 x 1.44m or 4.3million shares @1.8c followed by 500k @ 1.7c
Nikham Offshore, have been working on the West Eclipse, are now advertising for .......
Nikham Offshore
4,286 followers
5h • Edited
We are seeking to fill below positions.
Start Date: Beginning of September.
Location: Offshore - West Africa
All candidates must have at least 2 years of recent Semi-Tender experience in the applicable position.
1. Toolpusher
2. Driller
3. Assistant Driller
4. Crane Operator
No news if this is for the West Eclipse in Namibia as yet, but news has to come soon
Also I see the Ocean Rig Poseidon drillship is near completion of it's Angola contract this month with ENI, there is also a chance we will see this rig back in Namibia
Nice one Jimarillo :-)
Patience is the key imo….. Namibian offshore drilling timetables will come.
I think I have found the rig where Nikham are looking for hands, with work starting in September
The West Gemini was last contracted to ENI for $180k per day
The client is unnamed, but who currently wants to drill nine wells ? some with options
Seapulse want to drill 12 wells and have an alliance with Maersk who may not have been able to service 9 of these wells at this competitive rate and may instead take on the N/Sea wells
https://www.energyvoice.com/oilandgas/africa/203858/seadrills-west-gemini-drillship-booked-for-africa-wells/
https://www.energyvoice.com/oilandgas/africa/203858/seadrills-west-gemini-drillship-booked-for-africa-wells/
Namibia and S/Africa have become very incestuous in the exploration world
Azinam and Exxon have two wells together, Exxon and Galp two wells, Azinam and AOI two wells S/Africa, Total and Impact one well, Shell & Kosmos one well and Azinam and Eco one well
AOI, AEC and Impact also involved with Total in S/Africa, but in more harsh conditions and have a rig fit for purpose just announced
Is it possible Namcor has worked a deal for all the above wells to be drilled with the same rig ? Never heard of such a proposal but this will reduce risk and benefits all concerned
The above equates to nine wells and the contract includes options on three of the wells. It just strikes me as unusual for plans not to have been announced by now, so close to a drilling campaigne, from any one of the players as yet, which plays to the above concept imo
Doh ! was a nice idea, but will have to wait a bit longer for news of drilling dates ;-(
Just found where the WG will be drilling it's nine wells and Total have nine wells to drill in Angola
"Seadrill has been doing business in Angola for a many years. Currently, we have only one rig over here, the West Gemini, which is working for Eni on a contract that will end in July 2019. After this, the West Gemini will go to Las Palmas to get all its equipment recertified and complete some upgrades. It will come back to Angola in October, when a new long-term Sonadrill contract will begin."
https://www.petroleum-economist.com/articles/upstream/exploration-production/2019/west-africa-aiming-for-global-supplier-status
Forgot this link
https://www.theoilandgasyear.com/articles/new-drillships-shape-the-angolan-market/