.21 Sep 2018 08:38
"Block 2011A is situated in an area of offshore Namibia which is considered by Global and the industry to be highly prospective, as evidenced by recent farm-ins involving major NOCs and IOCs, and especially by the Cormorant well currently drilling close by. Our immediate obligations can be completed at relatively low cost to us, and the potential advantages of read across from drilling activity by other industry participants are clear."