Buffet1979, Homeboy, Crows and to others I have failed to name, I am so glad your guys are on board because I myself are running out of things to say...A few of us stalwarts have been plugging this for a while and good to see other people now taking over on the thread.
Morocco geology looks great, with fiscal terms as well 25% holding potential company maker stuff. Oz assets exciting but very risky with deep gas plays, oil, could be a bread and butter play but what an asset for a secondary play if it does turn out to be a corker!
I heard Morocco govt will fasttrack drilling approval when application is made. A month turnaround was indicated. They are hugely keen to prove to the people they will join the ranks of an oil producer state, as they are feeling left out in Africa. It's a sore point there believe me.
June at the lastest for drilling in my view, the dealclincher for GALP was drill now not later.
Other than that time to bunker down and wait for spud. Good luck to those trying to time the ups and downs, I joined the 62% holders a long time ago. Sure I have a flutter on the ups and downs but it's just enetertainment expenses
Add to My Watchlist
What is My Watchlist?