RE: SP now vs MC in Spring.1 Jan 2021 14:53
Pro,
I think what the company and shareholders are focusing on is the following 3D seismic interpretation and technical work -
Plate reconstruction - The fields of Guyana are opposite the Bahamas in the time of the Jurassic and also West Africa.
Velocity contrasts - indicate oil
Amplitude shut off on and off structure.
Flat spots seen on seismic - hugely important
Farm in case previously proven by Statoil.
Oil major pays $1m for exclusivity in 2018.
All reasons to hold for drill results IMO.