Member Info for Crazych38

You forgot - Namibia Farm in...

this is the biggest block on the walvis and adjcent to Xom blocks.

And i think that our most + in our pel is that:

1. its very large block

2. its the only block that adjcent to exxon blocks in namibia.

3. we have large prospects on this block.

4. we have very big position for nagotiate with large opertor.

Basin in namibia.

maybe we will see farm in in the basin (i dont know which blocks) and maybe m&p is going to drill in the basin.

Hope to see change here like what happend in pcl.asx last year.

https://youtu.be/xLZ_I7HceE0

Is it?

https://www.linkedin.com/posts/cl%C3%A9ment-blaizot-297192129_namibia-africa-energy-activity-7076950945380585472-s_fV?utm_source=share&utm_medium=member_android

Yes its very nice to shell and to the orenge basin...but i think its more rellevant to pel 83 (Galp block)

The "hottest" zone is in the namibian side
See that for now the most of the farmins were in the orenge basin in the namibian side.
you saw the deal in pel 90 with cheveron and the deal on pel 87 with woodside...
i think that the next deal will be on pel 83.

why it happend first on the namibian side?
I guess that its more close to the discoveries and i guess that the tax and the goverment in namibia is more easy...

So good luck with the sout africa assets :)

First of all i think that farm in will happend in pel 83/87 in namibia before the south african blocks.
pel 90 was the first farmin deal by major (cheveron).
i think that the other major will try to catch the blocks that they are adjcent to discoveries (Venus, graff, kudo).

Sorry about the results og the gazenia drill but now i think that the eyes will be on the namibian blocks in the orenge basin:
* Venus block with the apprishial drills.
* graff block with apprishial and exploration drills.
* pel 90 with the cheveron.
* pel 83 + 87 candidate to farm in...

* Yes there is a chance of farm in to 3b/4b in the south africa its intresting block but i think that the most intresting blocks for now is on the namibian side.
Good luck and hope to see farm in the 3b/4b block.

Yes its very intersting but for eco its rellevant just for the 3b/4b block.
its more rellevant for aoi that they are shereholders of
impact.
and its more rellevent for the neer blocks ( pels 90,83) and for pel 87 - with Saturen lead that may have similar play like venus.

Yes but there are much better blocks in namibia to farm in...
First of all in the orange basin there are namibian pels: 87,83,90 and rhino block that adjacent to the discoveries
I cant imagine that any major will farm in into walvis block before all opportunities in the orange will end...

i have position in gbp but think its very risky and the only reason that im holding there is becose the mc against the chance that maby other company will take the terms and farm in too the block.

Its the first time that i heard something about it.
Banks gives loans for development not for exploration.
Lets hope it will happend - this is the best case and better from farm in.

Do you know that pcl is not the only public company that hold in the 87 pel block?:)

Yep but i think that first companies will try to farm in to orenge basin.

Pel 87, pel90, pel83, rhino block
All of this are good canditate for farm in.

In pel 87 - pcl have major holding but sintana energy holds 7.5% inderct intrests via inter oil that holds custos...
In pel 90 all the companise are private but tarago is subsidery of inter oil and sintana holds 49% from inter oil so thay have 10% inderct intrest from pel90.
In pel 83 galp holds 80% but custos hold 10% and sintana have 5% of inderct interst via 49% holdings in inter oil that holds custos.

Trp is very intersting position and i have holds in trp and gbp but i really think that the majors will try to farm in first to the orenge basin becose the de risk after the 2 discoveries.
The walvis basin is faraway and for now with 0 discoveries and 0 drilling activities.
Lets hope it will be changed in the future.

I tried to search and this is what i found:
Namibia orenge basin:
Venus block:
total energy 40%
Impact Oil & Gas - privet company but
aoi (canda) is a shereholder and have Indirect interest of 6.2% via impact
hci (south africa) if i understed it correctly holds sheres of impact too.

graff block:
shell 45 %

pel 90:
sintana (canada) have Indirect interest of 10% via tarago and inter oil.

pel 83:
Galp holds 80%
sintana (canada) have Indirect interest of 5% via custos and inter oil.

pel 87 - ( im not sure that the block is in the orenge basin)
pcl (Asx) - holds 75%
sintana (canada) have Indirect interest of 7.5% via custos and inter oil.

south africa:
block 3b/4b
eco atlantic 20%
africa oil corp 20%

block 2b:
eco atlantic 50%
Africa Energy Corp 27.5%
Panoro Energy 12.5%
Crown Energy AB 10 %

if you know more public companies at the orenge basin please writh :)

Nobody knows.... but its very interesting block...
:)