Hi Reldasam, this has been happening for a while. The most notable example for me involved Tom Alweendo, Minister of Mines and Energy. In Jan he wrote a piece that stated "At the beginning of 2024, Portugal’s Galp Energia announced the discovery of a substantial light oil reserve in Namibia’s offshore block PEL83. Galp, along with its partners NAMCOR and Custos Investments Ltd., plans to explore deeper depths. Upcoming drilling campaigns by Chevron (U.S.) and Woodside Energy (Australia) are expected to continue this momentum."
The relevant minister stating that Woodside has an upcoming drilling campaign was the clincher for me.
PCL Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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