GBP global petroleum limited

Azinam

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    Azinam one of the sponsor's of the recent Africa E&P Summit, made this announcement the other week......

    Offshore oil and gas exploration firm Azinam focused on Namibia is preparing for a multi-well drilling campaign over the next two years.

    Azinam Chairman, Erik Tiller, said: “With a rapidly improving market combined with a significant renewed industry appetite for exploration and upcoming drilling activity, the spotlight is firmly on Namibia."

    Azinam already have a substantial footprint in Namibia, but are looking to increase their interest. Their backer has extremely deep pockets. So for me, they are one of the potential partners/buyers of GBP

    They are also partnered with Tullow & Eco on PEL30, which will be drilled, either before Char or after. Again you have to think a buy/farm out will be completed before the next drill bit starts turning in Namibia, otherwise a premium might have to be paid if Tullow hit pay, of which they seem very confident

    https://www.offshoreenergytoday.com/?p=276730
 
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