PCL pancontinental energy nl

General Thoughts, page-5578

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    V10, to add to your Orange Basin intel, from our CEO stock blog counterparts in Canada, Petrobras is all-in;

    @Timberdoodle RIO DE JANEIRO, Sept 23 (Reuters) - Brazil's Petrobras (PETR4.SA), opens new tab is expected to seek the entire 40% stake of Namibia's Mopane oil and gas exploration block put up for sale by Portugal's Galp, a director at the state-run oil firm said on Monday.
    To operate the oil field, Petrobras would need the full 40% stake, said Exploration and Production Director Sylvia dos Anjos on the sidelines of the ROG.e oil and gas event in Rio de Janeiro.
    "Operating with less than 40% is very bad... (Galp) offered the operation, and no one operates with less than 40%," Anjos told journalists.

    They watch the rigs closely on that site, and it seems there is significant rig movement towards the Orange basin;

    @Jamesiebabie Q4 is almost upon us and we have Bollsta in WB being prepared and it looks like we have Deepsea Mira on her way to Namibia; the action will be starting in the not to distant future.

    Let us hope all this Orange Basin activity finally prompts Woodside to make a move!
 
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Last
1.2¢
Change
0.001(4.55%)
Mkt cap ! $93.72M
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