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I’d guess the corporate face-to-face and webinar updates will probably be postponed, given they look likely to clash with the Queen’s state funeral.

Encouraging update from Warpaint today with an uplifted forecast. Should read across to REVB.

No chance unless the rig grows wings. The II gives ETA as late on 27th and I think they know their business.

Reuters 2/09

DAKAR, Sept 2 (Reuters) - Namibian offshore oil and gas discoveries by TotalEnergies (TTEF.PA) and Shell (SHEL.L) are of commercial quantities, likely in the billions of barrells, the southern African nation's mines and energy minister said on Friday.

Both companies announced earlier this year that they had made "significant" discoveries offshore Namibia, and are currently making assessments.

The companies did not detail the quantities found but a source told Reuters that Total's discovery was more than 1 billion barrels of oil equivalent.
The discoveries could make Namibia, the southern neighbour of OPEC member Angola, the latest oil producer along the African Atlantic coast.

"The companies are cautious, but have talked about commercial quantities in billions of barrels," Namibia Mines and Energy Minister Tom Alweendo told Reuters on the sideline of an oil conference in Dakar, Senegal.

"The commerciality is there. They basically want to make sure that before they commit to production investment, they know what exact quantities are there," Alweendo said.

He added that the firms are in the process of drilling their second and third wells, and by the end of the year they would have done the appraisals and have estimated figures.

The minister told the conference on Thursday that the companies could start production in four years. read more

"Both companies are keen to accelerate the process to production and have both mentioned that in four years, they should start producing. It is not something that we imposed, but it is something that we have discussed," he said.

It'll be a relief to spud Gazania, but 3B/4B could face a battle.

Don't imagine the West Coast doesn't have similar challenges. This extract from Oceans not Oil -

Once again red flags are raised as another tick-box consultation is arranged at the 11th hour.

Azinam’s proposed offshore exploration well(the Gazania-1) drilling is to be conducted in relatively shallow water depths from 50 to 200 metres and is located offshore south of Kleinzee to the village of Kotzesrus. A 686km2 2013 3D seismic data confirmed prospectivity in the the Block 2B licence area. Block 2B is located in the Orange Basin and covers 3,062 km2 off the west coast of South Africa 300 kilometres north of Cape Town. Oil was discovered and tested on the block by Soekor in the A-J1 borehole drilled in 1988
Azinam’s drilling, planned for October this year (2022), adds to the cumulative effect of a dramatic increase in these last two years of applications for heavy mineral sands, gemstones, off-shore diamond mining, coffer dam as well as phosphates mining. This development pressure continues because no Strategic Environmental Assessment (SEA) or an Environmental Management Framework guides planning and decision-making for the West Coast, leaving the assessment of these combined impacts, and the problematic relationships between offshore oil and gas and climate change, waste, environmental degradation, pollution, and public health to interested and affected parties:- fisherfolk, coastal residents and environmental and social justice organisations. Any mining company who seeks to conduct exploration must consider the impact of these activities on the ecosystem as a whole including the applicant communities. Yet, once again, it is concerned South Africans who are left to face up to proponents of continued hydrocarbon exploitation, now accepted to be the prime cause of climate change...........

This won't help:

A South African court has upheld a ban imposed on the energy giant Shell from using seismic waves to explore for oil and gas off the Indian Ocean coast.

The judgment delivered in Makhanda on Thursday marks a monumental victory for environmentalists concerned about the impact the exploration would have on whales and other marine life.

The 2014 decision granting the right for the “exploration of oil and gas in the Transkei and Algoa exploration areas is reviewed and set aside”, the high court ruled in the southern city.

Strange article basically rehashing old news. There is no real appetite among the partners to produce from Jethro without other local sources yet to be discovered.

Would be great if the big guys fight over 3B/4B.

Surely ECO will have 26.25% after finalisation of the additional 6.25% going through now.

Financial in that they hold the largest percentage by far, and therefore would be liable for the equivalent share of the cost.

Pretty much a certainty Ricocure wouldn’t want to take the financial lead in 3B/4BB, and that they’ve taken a punt on acquiring the licence early with the hope it would pay off later - a hugely successful gamble! ECO now clearly feel it’s odds on a super major will come in in light of the two major discoveries by Shell and Total and I do feel that’s almost a given. Exxon must surely be favourite.

There has been ‘significant interest in Namibia’ for so long, according to Gil, it’s almost hilarious .

It’ll be interesting to hear the latest Gil spin on Orinduik in the upcoming presentations, because the question about what’s really going on will surely be asked. Do us a favour Gil, cut the crap and be honest with shareholders.

Orinduik heads for the long grass with increasingly vague time frames.

In fairness Tullow took a very long while to decide they had drilled twice into heavy oil.

https://youtu.be/N3T9X2xSJcU

Worth watching.

Both Jethro and Joe results were announced only after reaching the target depth, with nothing released during the drilling process.

If there were Oil shows early I'm sure they'd keep it to themselves, and only inform the market of the situation upon completion of the main bore.

Boo-boo would hardly worry about a missed Audit deadline given their own record. They aren’t daft and see the real value in REVB at these crazy lows. Strong buy! (As I did this pm)