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Here is the webcast from Gil, forgot to post it here
https://twitter.com/EcoAtlantic_OG/status/1331230122171568134
From Eco this morning
"In Namibia, we have seen a ramp up in activity by other operators towards their respective drilling programmes and we expect any success here to considerably benefit Eco. Namibia continues to become ever more attractive to the major players in the industry, and we look forward to an exciting year of activity in 2021 in country and for Eco.
Namibia
-- Eco continues to benefit from a strategically significant acreage position in-country and is progressing its various work programmes on its four blocks offshore Namibia. The Company has witnessed considerable interest from multiple IOCs in Namibia.
-- The Company continues to monitor upcoming drilling activity in the region, which should potentially see up to five exploration wells drilled on behalf of ExxonMobil, Total, Maurel & Prom, Shell and ReconAfrica in the next 12 months.
Excellent piece here
Oil and Gas Discoveries and Activity in Southwest Africa Set to Open New Basins for Development and Trigger Big Investments in Namibia, Angola and South Africa (By NJ Ayuk)
https://www.africanews.com/2020/11/23/oil-and-gas-discoveries-and-activity-in-southwest-africa-set-to-open-new-basins-for-development-and-trigger-big-investments-in-namibia-angola-and-south-africa-by-nj-ayuk/
GBP will not let go PEL29, it is the flagship license and PEL94 is the doorway into it
PEL94 data is more advanced therefore a cheaper route to prove and derisk PEL29 which has elephant sized resource plays
PEL29 is the main feature
"10 billion barrels of oil. Tower Resources has a 15% free carry in Licence 0010, offshore Namibia"
Actually, TRP relinquished PEL010, which included block 2011A ........block 2011A is now GBP's PEL94
Therefore the 10Bln barrels do not apply to TRP, this number was down graded in any case since the Welwistchia well
However the well did not reach the deeper targets.........just saying
Flash note
https://www.globalpetroleum.com.au/uploads/images/20_10_28_Panmure_-_Global_Petroleum_Flash.pdf
Well spotted M !!
After all this time, are about to see a changing GBP ?
https://twitter.com/PetroleumGlobal
Indeed GBP are sitting on prospective resources......4.5Bln barrels mid case and 12Bln high case, so plenty of running room as they say
I have been sitting on my hands and am still fully loaded. Deals are still been made and wells are being drilled
"My source for both points is Dr Hilary from GMTV who seems well researched"
You have got to be joking.........you my friend need to do your own research
The Deepsea Stavanger was due to drill three wells in S/A and now has accomplished the goals with just one well. There will be 2 or 3 weeks to test and complete the well
Maggy Shino recently said Venus would be in November and Maersk Voyager has taken 3 additional wells in Angola
Impact Oil & Gas are partnered with Total on both the S/A well and Venus, will they slide the rig up a few clicks to the Venus location and drill with the Stavanger ??
Heck Norway is a long trek back and having only drilled one well seems a waste ?
The Deepsea Stavanger was due to drill three wells in S/A and now has accomplished the goals with just one well. There will be 2 or 3 weeks to test and complete the well
Maggy Shino recently said Venus would be in November and Maersk Voyager has taken 3 additional wells in Angola
Impact Oil & Gas are partnered with Total on both the S/A well and Venus, will they slide the rig up a few clicks to the Venus location and drill with the Stavanger ??
Heck Norway is a long trek back and having only drilled one well seems a waste ?
The Deepsea Stavanger was due to drill three wells in S/A and now has accomplished the goals with just one well. There will be 2 or 3 weeks to test and complete the well
Maggy Shino recently said Venus would be in November and Maersk Voyager has taken 3 additional wells in Angola
Impact Oil & Gas are partnered with Total on both the S/A well and Venus, will they slide the rig up a few clicks to the Venus location and drill with the Stavanger ??
Heck Norway is a long trek back and having only drilled one well seems a waste ?
It's not covid it is governments use of covid that is the problem.......mass fraud, treason and genocide is being committed by governments across the world.....New Zealand, Australia, UK, Ireland, France, Democratic states of the US and Canada etc
They are trying to destroy our economies for the great reset......bull****
The uk government are being taken to court again tomorrow
Here is a link to LIVE coverage of the Application of Simon Dolan & Ors -v- The Secretary of State for Health and Social Care & Anr.
Https://www.justice.gov.uk/courts/court-lists/list-appeal-civil
Marine traffic is a better site to use and does not show in port
https://www.marinetraffic.com/en/ais/details/ships/shipid:733423/mmsi:566936000/imo:9633575/vessel:MAERSK_VOYAGER
Doesn't matter when the well is completed , getting it spud will be good enough for me and Maggy Shino said November to spud