news! mbawa discovery preliminary update , page-11

Looking forward to hearing about L6 farmout, probably the next piece of news of strong relevance that can be predicted.

Tricky get the right partner, one that will be a good partner, may help position the company for takeover or defence of takeover. Not sure how I would choose this in FAR/PCL position. Might go for some one different, so that you aren't tied to one massive operator across prospects. We have BP and Apache, with a little Tullow. I would think Repsol, some interest in Africa already, SA and West Africa? Spanish though...Or maybe even a large driller that may want to take a chance.

Plenty of leads just in the one seismic slice, lower target was reached? but off-axis, I am still confused on this point. Off axis would suggest it was intersected at a lower depth than the crest, but the drill was terminated early. Hope this part becomes clearer.

All good news though, fluorescence , is a word I was hoping to see after the gas discovery :-)