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With the high volume reckon news due with subtle delay. Opinion.

From what I understand Jethro/Joe is under review with independent third party and Hammerhead is with the Exxon development team.

I am sure there has been no defined RNS new yet.

My opinion on Eco's(booked) assets are net positive; The problematic stance of TLW have muddied the waters somewhat for clarity on the next drilling campaign on Orinduik so yes it leads me to think of the 100-plus% success rate Eco&partners have achieved (plus takes credit for Hammerhead overlap). GL to all what ever way you stand.

Maybe TLW were too keen to write down Jethro/Joe complex! The discovery's look glorious compared with Marina-1.

I guess everyone has the right to change their mind. Maybe we will need to wait till March 15 or maybe not.

P; I hear impact assessments take some time in Mongolia!

But the article was deemed newsworthy!

https://www.guyanastandard.com/2020/02/15/tullow-scouting-for-exxon-like-targets-in-orinduik-block-for-2020-2021-drilling-programme/

And on another point, the Stena forth has a duster under its belt so hope for major discovery time next. Wonder where?

My thoughts also, or thereabouts.

Nice to see a little traction. Hotting up a bit.

IJWT, interesting article thanks.
Post Total SA exec comments the other day things seem to be hotting up. For me their has never been a refining issue for the Jethro/channel/Joe assets just mobility (which looks promising)

I really hope they appraise the tertiary assets along with the cretaceous targets on the next campaign. Fingers crossed.

https://uk.reuters.com/article/uk-tullow-m-a-total/total-chief-dismisses-tullow-oil-takeover-idea-idUKKBN2051UP

https://uk.reuters.com/article/uk-tullow-m-a-total/total-chief-dismisses-tullow-oil-takeover-idea-idUKKBN2051UP

J, thanks for the link.
You know if we didn't know better its like Eco & TLW were no longer partners! I am sure there is more than meets the eye.

The question for me is; If there is a equity raise what would the discount be (if any)?

I agree (I think); Good strategy IMO is to farm down and continue very selective high value exploration.

Drill or not to drill, that is the question!

Caught up on some good posts from both sides of the camp and would say observations and opinion prevail and make the BB what it is.

Thinking I noticed TLW blink with the Kenya asset up for sale and do you think they have the new boss in the wings to make that decision? Sorry can't send you the link haha.

No but for me and agreed by most people (Ramps/de-ramps) is that Guyana is a valued asset and IMO that includes Orinduik.

looks like March will be a big month and if Exxon update us on Hammerhead (as said) will be interesting.

from memory a Hess exec said re heavy Oil Hammerhead to Mr Leggitt during a post presentation Q&A. Was positive though. I think.

I believe there is a ops com meeting Feb with Orinduik partners. (potential drilling campaign). Might help.

Investec rating and Oil news tested yesterday. Fingers crossed 49 plus all the way till March. I hope.

IJWT, posted same time. Yes you know its hedging toward maybe TLW making (war footing) type decisions and need a good steer.
I bought into them @51p (how good was that! Anyway all to play for.

Was thinking that maybe there might be a difference of opinion between Eco and TLW. we saw the slide yesterday Gill was promoting (twi**er) (think that was very resent) its still positive sentiment, it hadn't changed.
TLW seem to be struggling a bit at the moment. I guess in March it will become clearer.

proselenes; Yes I noticed the TLW Oil quality ref in the slide, was a bit disappointed by that.
I also note the the second and third Hammerhead drills were further from the shelf! So kind-of East.
So why have TLW gone a bit cool on the Cretaceous targets? Or have they?