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Ah, but just because someone says so doesn't make it so does it. Just the same as you spending day after day after day posting negative views on absolutely everything to do with VAL yet you have nooooo interest in this company tartgetting markets worth £billions..

"He seems very confident of Impact hitting oil with the Venus well."

I thought the same regarding the deals they will soon announce. To go it alone oozes confidence. When I think of Fontiers Africa Energy interview..

Listen from 19 mins.. announcements soon, taking on conventional deals in the near future and working on there own.. "We think it's the biggest growth driver we can have"

https://www.africaoilcorp.com/s/videos.asp?ReportID=731202

You've now got me wondering whether BP want to jump back in..

Love crossing swords with you Roses ;-)

One?

Reads like a Goldfish in a tank of Piranhas..

Oh, and recently another deal.

BW Energy will take over all the upstream oil and gas assets from BW Offshore and its Singapore-based shipping conglomerate parent BW Group. It is also planning an IPO for the unit on the Oslo Stock Exchange

BW Offshore will transfer its interests in the recently-acquired Maromba field offshore Brazil and the Kudu field in Namibia to BW Energy

BW OFFSHORE EXPECTS DEMAND FOR FPSOS TO INCREASE IN THE COMING YEARS FOLLOWING YEARS OF LOW INVESTMENT BY OIL COMPANIES

https://lloydslist.maritimeintelligence.informa.com/LL1127610/BW-Offshore-to-spin-off-exploration-and-production-business

Post Cormorant deals/farm ins that I can remember..

November 18 - Kosmos
March 19 - impact
April - Exxon
May - Tullow

So.. and it's just a question.. are we looking at the ending of the Stellar farm out Mandate in the wrong light? Was it terminated because they found a partner but as of yet the deal is yet to be concluded? It would explain the 25% share issue vote. Does it add some meat to the bones of why GBP not only received confirmation 'so quickly' of the acquisition of PEL 94 giving us 'prospect room' but also the perfect reason to cancel the due 25% licence relinquishment on PEL 29?

Try again.. making a pigs ear of the message..

Funny thing is the whole who will take a bite in the GBP journey since before Cormorant was drilled during the offshore Namibian licence acquisition/ farm in resurgence has gone full circle and following that interview it points at Africa Energy (imo) more than ever, just as J first said..

Namibian licence acquisition / farm ins it should have said..

Funny thing is the whole who will take a bite in GBP journey since before Cormorant during this Namibian licence has gone full circle and following that interview it points at Africa Energy (imo) more than ever, just as J first said..

Ah, just had to blurt some of what we already have known for an age out. Reading it again this morning I could have added the gas cap in 94 above a fault indicating oil trapped below for example.. ;-) I don't have any dates yet other than Venus by Total which I believe to be Q4/Q1 2020? J will know more than me..

Africa Energy... it's gone full circle from last year.. post termination of the Stellar mandate with the additional 15% (25% total) share increase requested by the board in a vote last November and still sitting there waiting to unfold now some 7 months later.. Africa Energy love to purchase 20-25% of the company.

He practically points at GBP in all but name! (All Imo of course so if anyone else is reading DYOR, there are months and months to trawl through here.) So I'll sell it to him just to get it off my chest!

"The play was proved and the question is really just to trace the migration of the hydrocarbons"

Stick a drill bit in our Read across silver lining licence called pel 94 to the south east.. it's most likely collected there in a robust structural trap and/or try East of Welwitschia, another robust structural trap there.. between the two you can check out a few straph traps if you like but go for the robust structural traps first.

"assessing opportunities that we’re familiar with in terms of the play"

its next door, slight NW direction, follow the thief channel, Pancontintal can provide a nice pic, its the same read across to your proven play and you might find the migrated oil from Albatross and all the others too, even Eco's prospect in 30.

"looking at areas where the petroleum system is working in blocks that have some running room."

We have loads! 5 large prospects and 2 exciting leads currently thanks to Namcor relinquishing a 25% reduction due. Billions of barrels of potential here and rather alot of hydrocarbon indicators too if you care to look. 87% of succesful wells have them. Only 11% without those indicators go on to be discoveries.. do the maths bud! 29 has oil slicks to its north, gemsbok has repeating oil seeps along the faulted flanks, Welwitchia deep has channeled chimneys rooted below the Aptian, eco advertise oil slicks in 94 but no idea where its come from..

Your mates Exxon have just moved adjacent to pel 29..

A bit of frustrated fun.. but all true.

We have plenty of running room.. 5 prospects and 2 leads so far known.. Gemsbok, Lion, Dik Dik, Chloje, Welwitschia deep, Welwitschia east, south east corner

How funny is it that Azinam are all of a sudden adding GBP to the licence map in their presentations.. Read across, read across, read across.. Do you agree Africa Oil!?

Well J! Blooming interesting! I'll paste your link info ER: A WELL WAS DRILLED IN NAMIBIA IN 2018, ON PEL 37, AND THAT DIDN’T PAN OUT. HAS THAT CHANGED YOUR THINKING ON THE COUNTRY? JM: It was a pity it was a dry well. The play was proved and the question is really just to trace the migration of the hydrocarbons as we know there’s a mature source rock. We’re going to stay in the block and keep an eye out, there are a couple of wells that will be drilled nearby [PEL 37] and then we’ll make a decision about what to do next. ER: ARE YOU LOOKING AT FURTHER EXPANSION? JM: Well, we have a lot on our plate with the follow-on prospects at Block 11B/12B. Of course, we’re assessing opportunities that we’re familiar with in terms of the play. We’re looking at areas where the petroleum system is working in blocks that have some running room. We’re looking purely at exploration in conjunction with Africa Oil Corp., which is our largest shareholder.

I found this old article written pre drill, it bodes well for the potential shallower prospects GBP have made us aware of to the east of welwitschia.. I.e "locally" The Delta structure at Maastrichtian level ("DeltaM") is classified as a prospect, which, in a technical sense, means it is suitable to drill without further information - the 3-D seismic is still justified to strengthen the interpretation and minimise the risk of penetrating a locally poor reservoir interval with the first well. https://www.energy-pedia.com/news/namibia/tower-resources-updates-operations-and-provides-results-of-an-evaluation-of-the-0010-licence

argh... continued...

with Exxon...