This result has probably done us a favour as the industry will have to have a re-think
Focus will be on deeper targets in the Walvis basin and Orange basin now
GBP ticks two of those boxes ;-)
Although we are down 15% on the LSE, there must be an order to fill as you can sell 600K online currently, which is a very rare occurrence
Should bounce back soon imo
and from Anizam
The anticipated stacked target reservoirs were penetrated and the well encountered wet gas shows, indicating the presence of hydrocarbons in the system
http://www.azinam.com/azinam-announces-results-of-the-prospect-s-well-offshore-namibia/
Ann: Response to Result of Cormorant Well in Namibia, page-5
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