RE: Market likes the drilling update, 0.319 buys16 Oct 2025 13:13
Yep it’s like he’s saying it’s game on without saying it’s game on.
Then the nudge nudge wink wink Chevron comment for Namibia
Namibia is rapidly emerging as a world-class oil province, with the Walvis Basin attracting majors such as Chevron following Orange Basin discoveries.
GEO aims to farm-out for PEL0094 which will be value accretive for shareholders.
Continued farm-out process for Namibian licence PEL0094, with advanced talks ongoing and additional companies in the data room.
Independent technical update confirmed 4.31 billion barrels gross mean prospective resources, a 22% uplift, with GEO's share increasing to 614 MMbbl unrisked (103 MMbbl risk-adjusted).