Member Info for wallact

Wonder if they will include Orinduik in their FDP? Maybe wishful thinking.

https://www.kaieteurnewsonline.com/2025/01/09/hess-hopes-govt-will-approve-7th-oil-project-by-april/

Yes couldn't find any detail re venus either.

Reccon Gas production and transportation will be significant in SA/Namibia/Guyana in the next decade, Orinduik and Block 1 could be instrumental in this, I think.

Yes M1 Questions of gas production in deep wells a problem, am not sure if Total completed the FID on Venus?

Yes agree on the prospects

. Think Eco did a similar evaluation on Orinduik Oil but I have never seen any data. maybe Gil has sent Ali-R a couple of Jethro samples ha ha

Crude oil assay completed for Hammerhead. bodes well for Orinduik don't ya think.

XOM speaks re Hammerhead, don't think they have mentioned this much before.

https://www.guyanastandard.com/2025/01/06/exxonmobil-head-confirms-30-development-wells-for-3-massive-oil-projects-offshore-guyana/

Interesting that XOM are still sitting on the fence regarding Block S8. It has a similar aspect to Orinduik. Not sure what's going on there/ They won the bid and then got a bit flakey. Maybe Orinduik is on for XOM?

https://guyanaenergy.gy/post?slug=exxonmobil-petronas-among-companies-ready-to-pay-guyana-us100m-in-signature-bonuses-for-prime-blocks

Very significant factor for me is that XOM are investing in a medium/heavy Oil block ie Hammerhead!

Including Orinduik would give then slope and near field options at a reasonable price.

Https://www.kaieteurnewsonline.com/2025/01/06/exxon-to-submit-full-plan-for-7th-project-routledge/

Maybe 25 could see a sell out: AOI for 3b/4b and XOM for the rest. Just a fun end of year post but you never know do you.

IJT Agree and it seems the only way forward is with at least one partner (hopefully XOM)

I think it was mentioned that the Jethro well was mobile i.e Oil flows to surface so good fit hey.

Was thinking what the H-4 results were?? More heavy-ish or light.

Maybe the Hammerhead and Orinduik is mainly heavy, the Oil migration too and up the slope certainly points to that, in fact the Oil is onshore too on the marsh land.

So a development of some kind looks possible, bonus if it includes cretaceous.

I understand your opinion on Eco drilling self funded, but for me if a target cannot attract a partner then its too risky.

All to play for.

TLW RNS Interesting

Says ECO preparing to sell stake in Walvis and Orange!

Wonder if Gil has got a Oil deal with block 1 maybe on the pointy bit?

Think the block has gas reserves nearer the beach.

Walvis speaks for itself hey.

Yes Harel finally started to get some real positive indication.

Regarding XOM latest investor day news, looks like Hammerhead is still on the cards.

That's the thing with the market valuation. Are we defiantly drilling 3b/4b in 25? No spud date or defined commitment. Unless I missed the doc.

Yes Thunder broadly agree. However maybe TLW could be seen as baggage by a suitor. Alll this mornings posts are relevant IMO.

This is just an observation:but If you look back on Gils last couple of Media showings it really seems embarrassing for him regarding farm-out dialog, like some junior ramper. However his silence now could indicate he really has a good deal and must be a good boy. Honestly not sure.

Yes, can't get why Total exited Orinduik and then bid (and won) another shallow block nearby!

Maybe it was due to TLW. Real strange one this.

Https://www.kaieteurnewsonline.com/2024/10/17/four-oil-companies-accept-governments-new-oil-contract/

Noticed SDN BHD.and Total have entered shallow block licence round successful bid. Also XOM might still be in the shallow block they bid bid for (and then got the hump).

The terms and conditions seem almost X2 of what the 1st licence round was, must be positive for Orinduik.