east africa oil sector
have a look at WHN, PCL
you dont need to see the oil to get the re-rate
every step along the way is a rerating
easy play
coming news will hopefully be in this order:
actual deal
personnel recruitment
seismic report + independent technical report confirming hundred millions barrels potential
actual spud date
sell on news, all good too easy
but the deal has to go through first plus associated CR
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up 28 % in red week, page-5
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