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Its not directly Eco news but just in case you missed it.
https://www.youtube.com/watch?v=U4UlUXgC_M8
Exxon & parteners
drilled circa 4 wells in Hammerhead so in my view there must of been a discovery of some kind and Hammerhead was on the short list for FPSO but was relegated I think due to other discoveries.
Exxon have not disclosed and data on the Hammerhead project (I think), however the Hess CEO did mention the Oil may be heavy in a meeting but that's not not all bad news. That said they did invest to drill multi-holes (appraisal)?
So I share a hope that cross production could be achieved commercially. And I ask what would that do for ECO valuation?
Information implies we should get info on Orinduik next 3 months. If the new operator is Exxon then this will be very good news.
Remember Total are the operators in 3/4b so would guess spud price could be IMO anything up to 100p.
We don't know any dates yet but who knows maybe Orinduik before 3/4b; lots of dead time though the interest will come in time.
My thoughts post ops update were this could be finished or maybe Gil and team would come through but was neutral in the outcome.
Well am very happy now, yes a wait till drill 4q or 25/26 but wow that's a good farm-out Sub 100p on spud then could be very happy days.