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GarryGraham it is totally true what In4cendros said. People like you who troll for no reason and no evidence as to why are pathetic. Just look where we are going with CEG - all looks fantastic in the next few years and Uruguay is going to be big with 3D and drilling on the horizon.
Yet, your pathetic mantra to troll basically has no creditability any longer.
Looking forward to 3D at the end of the year and drilling in coming years.
Getting involved in Namibia
https://www.ogj.com/general-interest/companies/article/55021812/chevron-joins-license-offshore-namibia-as-operator?o_eid=0991J9984523B8O&oly_enc_id=0991J9984523B8O&rdx.ident[pull]=omeda|0991J9984523B8O&utm_campaign=CPS240424034&utm_medium=email&utm_source=OGJ+Daily
· Charlestown will invest £1.5m in the Company, initially in the form of a loan, which upon closing of the AREA OFF-1 farm-out to Chevron and subject to prior completion of an agreed share consolidation shall convert at a fixed price of 0.168 pence per share, being a c. 20% premium to the current share price. This will result in Charlestown holding a c. 8.7% shareholding in Challenger Energy, thus making Charlestown one of the Company's largest shareholders
· Charlestown is a New York-based specialist energy investor with a successful track record of making early cornerstone investments in listed exploration companies, most recently as the lead investor in a listed Namibian-focused conjugate margin player
Looks like the share price will hang around this area until the farm out is signed as to fulfil Charlestown's deal. If the share price rose before hand may see a pull back to fully the share transaction.
As Nas-k posted www.galp.com/corp/en/investors/publications-and-announcements/investor-announcements/investor-announcement/id/1529/update-5-on-namibia-exploration
It just gets better and better - The trolls are defeated - idiots.