Lol
Ok
"the Seychelles is along way from home Dorothy, and costs of doing oil business are high, due to the remote location. Are WHN's finances robust enough to cope with the cost of doing business here? a farm-in partner with deep pockets and an appetite for risk is a "must have"
1)Major oilers are already to the east coast of africa-newest interest spot atm,
2)Afren will be drilling soon in the black marlin zones,
3)and its shallow waters
anddddd
"the seychelles were explored in the 70's & 80's by the majors, and has not been re-visited by the drill bit since then. what does that tell you?"
70's and 80's price of oil, and technology is not the same as it was back then. It was was not seen economically feasible to drill due to capex to inflow of $$$$
and with the future outlook of oil looking only to north of current levels...
tell me macky what does that tell you?
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