Member Info for wallact

Sorry meant golden!

Dat also noticed pillar 5 (Asset acquisitions with strategic

partners, including Navitas) interesting.

Come on SA get your finger out.

Gil is highly regarded by the Nab-Gov, (IMO) he sweetened the last deal with a gift of a shallow Walvis block. Got to hand it to him on a good day he's an Ace dealmaker.

Lüderitz Basin is emerging also with some SM interest in blocks.

Jungle drums still beating re SM entry into South Atlantic. I hope the next RNS though is Drilling/Production related. All to play for.

Concur rwd. my thoughts too, maybe a blockbuster RNS very soon. All last weeks thin low volume price action laughable.

Noticed this.

https://www.namibian.com.na/totalenergies-licence-swap-approved/

You see I believe we are broadly talking production with Jethro possible Joe too. The Oil is relatively hot and of significant reservoir pressure so its mobile.

The data is all there. May free flow?

We need the Guyana detail hey. Talking terms but with how many parties?

Promising.

When Ed is shifted its Rosebank plus -plus time, bit of a punt on timing, think Nav / partners could suit.

Noticed BP got a potential deal with Ithaca to offload its North Sea stuff. Ithaca is a subsidiary of Israeli conglomerate Delek group. Small world hey. The deal is a bit on-off though.

C.6K from Jethro to hammerhead. Not sure though.

Interesting.

https://oilnow.gy/news/exxonmobil-sees-stabroek-fpso-network-opening-path-for-low-cost-tiebacks/

Btw it makes lovely piston aviation fuel when split.

Interesting XOM plans for Conde recovery. When I was in the industry Condensate was separated and pigged and was seen as a nice little extra, Paid for the fuel gas.

But looking at the GY proposal and increasing market and value for Condensate this could re relevant to some of our projects if not all.

https://oilnow.gy/featured/what-is-retrograde-gas-exxons-proposed-haimara-project-brings-new-term-into-guyanas-oil-vocabulary/

Might make sense to develop a significant LNG terminal in the area? Its a bit lonesome out there but could work considering Geography and Geopolitics.

Yes the Johnson find becomes more interesting with a broader Oil&Gas production and infrastructure.I.e developing now. Defo Navs cup a tea along with B1cbk and other partner assets.

IJWt I didn't realise how massive the Hammerhead project is too. Think the price is picking up (cheeky buyer) and yes the potential valuation!!!

If we appraise drill 4q26 and also drill 1q27 think what the financial calc's would be if further geopolitical problems continue?

https://oilnow.gy/featured/woodmac-foresees-us200-brent-by-end-2026-if-hormuz-disruption-persists-beyond-september/?fbclid=IwY2xjawSC3a5leHRuA2FlbQIxMABicmlkETBMYkowWGhTUzQ4d1hXUnhNc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHqnNGCDA9QTxtjrrE8fRcX3o8WKbnZfi-kZ2kDr4HEzSgsWoe-0PgRv2RZup_aem_wp76OG6wha-Hp_DgYpS60g

Was looking into the Namibia / BP RNS and noticed a comment on the use of funds in appraisal activity.

Also the mention of agreeing terms regarding Orinduik.

It does look promising for potential Orinduik RNS soon.

The Transaction enables the Company to substantially reduce its funding exposure while retaining material upside exposure to the licenses and introduces a major international operator to progress exploration activities. The Company will use the proceeds of the Transaction to support the Company's ongoing exploration and appraisal activities across its Atlantic Margin portfolio and for general working capital purposes.