Farm out17 Feb 2022 14:57
Farm out will now happen, my feeling is we already have bidders in the data room
Strategy and Outlook
The Company remains committed to offshore Namibia, where work will continue in seeking a farm-out partner to fund future exploration drilling operations on PEL0094. The upcoming drilling in the Orange Basin by oil majors Total and Shell, expected to commence in Q4 this year, will be closely monitored. Global also remains committed to pursuing its Italian applications