bad news from tullow well to be abandoned, page-7

im not sure if this has been mentioned yet...perhaps the gas discovery has shaded Namibia a bit, but Chariots well was a duster

http://www.guardian.co.uk/business/marketforceslive/2012/sep/10/chariot-oil-gas-namibia-dry-well?newsfeed=true

Tullow seemed very dissapointed, after all, they wanted oil and didnt get it

Gas for PCL is still a positive result but like has been said...mbawa in isolation is not commercial

i think the market built into the SP a dash of hope for the deeper targets, so i think a re trace tomorrow is on the cards, but not substantial....16-19c I think is reasonable until they drill the next well......perhaps mbawa south