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Should have added, being multi client contract, the current location of the PGS vessels maybe at the behest of Oranto and nothing to do with Exxon ?
https://5c92d4bb-8936-425f-9b01-1445ba942f1a.filesusr.com/ugd/f5673e_b10bf5f51946474e971c64b55376045d.pdf
Oranto require a well by December 2020 as per our PEL29, they are already partnered with rosneft, but room for a significant other
HTTP://5c92d4bb-8936-425f-9b01-1445ba942f1a.filesusr.com/ugd/f5673e_b10bf5f51946474e971c64b55376045d.pdf
Oranto require a well by December 2020 as per our PEL29, they are already partnered with rosneft, but room for a significant other
S20.42/E11.32 crossing from our block 2011A south into Oranto's 2011B
https://atlas-oranto.com/portfolio/namibia/block-2111a-2011b/
S20.10/E11.24 vessels into PEL 94 and heading to the Welwitschia deep prospect yet again
https://www.marinetraffic.com/en/ais/home/centerx:12.1/centery:-20.2/zoom:8
https://namibiaoilandgasconference.com/wp-content/uploads/2019/03/Lic_Map_31102018-1.pdf
ee said advfn..."Set against the cost of drilling, say, 2-3 wells, the cost for the survey would be peanuts - as would taking out one or both of GBP and TRP"
I think this is a very telling point. Agreed, peanuts for a major, but still a show of significant interest. Shooting 3D seismic is still a multi million dollar deal and a licence commitment
The link below is from the Namibian Oil & Gas Conference in the summer of 2019
4.45mins in after having just signed a deal for new blocks in the Namibe Basin, Bridget Venner of Exxon says they are looking forward to expanding their foot print in this frontier Basin and to begin there exploration activities later this year (seismic surveys)
HTTP://www.youtube.com/watch?v=89N_m6p87X0
Exxon have all the blocks in the Namibe Basin already, I think Bridget meant to say expanding their foot print in this frontier region
PGS survey vessels entering back into our block 2011A (PEL94) from TRP block 1911 coordinates S20.00/E11.20
https://namibiaoilandgasconference.com/wp-content/uploads/2019/03/Lic_Map_31102018-1.pdf
PGS vessels currently moving down the TRP block 1911 towards our 2011A in alignment with our Welwitschia Deep prospect location
IV, it is about time ;-)
u got mail
2020......the year of Global Petroleum ???
Time will tell....GLA.
Apparently no need to rns the surveys unless contacted by the company
May see an update in the quarterlies
As we also know, since GBP joined NAMPOA last year, with the 3D held by NAMCOR which GBP have not yet licenced but all the companies within NAMPOA do work together.. That is why it was set up. A/many majors may well have licenced out that 3D info from NAMCOR? Peter certainly knows all about Welwitchia deep as member on the board of TRP.
As we know, a chunk of Welwitchia deep has 3D so it need not take long.
Stepping stones :-) lets get a farm out signed and sealed first.. that will lead to one? two? three? four? of our prospects getting drilled. Certainly appears as if something is blowing in the winds..
Morning M, great update from AEC...."several OPERATORS planning near by wells this year"
Could someone be operating our blocks soon ?
Pffff... Chicken feed if we get a farm out.. Chill, watch and enjoy!
1.88p to sell now ;-)
AEC says......."Several operators in Namibia are planning nearby exploration wells this year that could de-risk the remaining PEL 37 prospects"
several "operators" planning nearby wells
I only know potentially of two, (Eco and M&P) several is more than two in my book....who are they ?
We could be in for a very very good day here.
GL all