RE: 'Farm Out Nearing Completion' For Block 20 & Discussions on Block VII18 Feb 2026 08:55
Is the market excited. Yes.
Was the SP around this price few weeks back. Yes, SP is all time lows - so plenty of room to move up and fill some gaps.
Has he signed the deal. In close discussions, News out only as they are close to signing. Otherwise no need for the RNS. Common sense.
He got paid for oil which was sold. Not free money. Yes that's called business and accounts payable. ++
Until the partners are signed this is not going anywhere far: Well you might not be going anywhere, but this is can't stay low under 2/3p for you make bags bags ££ later in one go.
Just some food for thought. Good start today BTW small / penny flippers had to go IMHO