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Mmm, just found this - Africa Energy plans four wells this year

https://www.energyvoice.com/oilandgas/africa/230623/africa-energy-plans-four-wells-this-year/

Yep, I agree. The figures remain up in the air regarding the virus due to lack of testing.

“Globally, about 3.4% of reported COVID-19 cases have died. By comparison, seasonal flu generally kills far fewer than 1% of those infected.”

https://www.worldometers.info/coronavirus/coronavirus-death-rate/

Swamp the health services and that rate will dramatically increase.

https://www.independent.co.uk/news/world/asia/china-coronavirus-wuhan-update-cases-hubei-covid-19-a9410581.html

Full Lockdown, short term pain followed by recovery. China has shown the way.

Even if this is correct than you don’t want to be in the minority! What people are not understanding is that many who become ill requiring ventilators go on to survive. Swamp the medical services and there simply won’t be enough personnel or equipment to save those lives and the death rate will dramatically increase. It will become a lottery as to who gets a ventilator and who does not. Tens of thousands, old, young, ill or otherwise healthy people will die. That’s you, me, mum, dad, daughter, son, grandchild, friend.
The world has shut down for very good reason and peeps need to adhere or they themselves could easily become a victim.

Perhaps some breathing space?

http://www.businessghana.com/site/news/business/208602/African-states-should-immediately-assist-petroleum-exploration-and-local-service-companies

Let’s hope so!

‘Deepwater acreage will continue to attract significant company interest through 2020’

http://www.oilreviewafrica.com/exploration/industry/deepwater-acreage-will-continue-to-attract-significant-company-interest-through-2020

Virus killing those on already borrowed time or no virus, Pakistan desperately needs energy.. end of.

And clearly Thar coal sits in the 40% where it is cheaper hence the number of power plants to date since 2015 by CPEC. Oracle is the last one in the priority.

Half yearly is up to end of Dec 19 same as Quarterly published in January. It does put a big question mark on why they are highlighting Exxon.
No one can argue the current mess and hopefully all will about turn in a few months, that being control of the virus as China appear to have achieved but also the ego driven idiots at the helm of oil killing the value.
I personally see a storm brewing further down the line and it appears so do Exxon. A serious lack of exploration this last decade is storing up problems. Exxon appear to hold a contrarian view. Discover and wait, but keep discovering non the less.

https://www.fool.com/investing/2020/03/05/exxonmobil-has-no-plans-to-cut-spending-even-as-cr.aspx

Cheeky sausages! ;-)

Too many ego maniacs at the helm which ever way you look.

So you keep repeating here again and again Geo. You are clearly the self appointed knight in shining armour, come to save us from ourselves! Excuse me for yawning!

Keeping the lights on.. ha! Hilarious considering yet ANOTHER Cash raise at TRP with promises of gold at the end of the rainbow and here you are plugging it again! You should be ashamed!
Go play elsewhere.

What makes you think that? Paul Howlett again?

Those articles show what they are now looking for. Our prospects are dip closed faulted traps located up dip at the regional closure with read across to the proven play, hydrocarbon indicators and the regional high sourced from Albian, Aptian.

Well yes, location, location, location!

The presence of mature oil generative source rock below thick clean quartz rich sands is therefore proven in this basin. We will conclude by showing the evidence for an up-dip bypass zone for the non-deposition of sediment, and/or laterally continuous fault systems that will provide up-dip trapping.

http://www.searchanddiscovery.com/abstracts/html/2018/ice2018/abstracts/2994805.html

The Walvis Basin area holds massive exploration targets, with good quality reservoirs at the Cenomanian and Santonian level. Several Cenomanian channel systems characterised by both structural and stratigraphic type traps have been mapped (Lower Cretaceous basin floor/slope fan systems)

http://www.searchanddiscovery.com/abstracts/html/2018/ice2018/abstracts/3005471.html

It’ll be interesting to discover where the customer on behalf of a JV consortium is located in the Walvis Basin. There’s a fair amount already done in the shallower blocks.

http://www.mme.gov.na/maps/

Electromagnetic Geoservices has received a letter of intent with a minimum value of $3.6 million from an undisclosed customer on behalf of a JV block consortium, offshore Namibia.

Under the terms of the pending data licensing agreement, a final survey option type and license fee is expected to be determined by the customer within end of Q1 2020.

Under the terms of the letter of intent, the customer will pre-fund a new multi-client CSEM data acquisition in the Walvis basin using EMGS’s next generation DeepBlue, a deep-towed source developed under a joint industry project involving Shell and Equinor. In addition, EMGS will provide data processing, inversion with 3D Gauss-Newton and integrated interpretation services.

Subject to final contract exchange and regulatory permits, including an environmental clearance certificate, survey acquisition is expected to commence between 1 May and 1 August 2020 using the vessel Atlantic Guardian.

http://www.worldoil.com/news/2020/2/28/emgs-receives-loi-for-multi-client-pre-funding-in-namibia

And don’t want one either! Drill, drill and more drills to discover oil please..

Biggest campaign coming up over the next 2 years in Namibia’s history to discover oil and you are trying to convince people to sell around all time lows. Bit disingenuous!

what price are you looking to get in Geo?