Just read a snippet of Paterson's report on AP, I think it might have been posted or mentioned before but here's the link anyway:
http://www.africanpetroleum.com.au/IRM/Company/ShowPage.aspx?CPID=1070&EID=10626724&PageName=Unique%20&%20High%20Leverage%20Exposure%20to%20Exciting%20Play%20-%20Patersons
Says that AP could be drilling a well in their Gambian blocks as early as late 2011 as they completed their 3d seismic in December.
Just some activity in the near/medium term that will have a significant impact on the value of our Senegal blocks, especially if it's drilled ahead of any well on our territory. Massive derisking potential. So best case scenario AP 'successfully' drills Gambia Q4 2011, we drill Q1 2012 in Senegal.
All we need is that fat rubber stamp of approval.. definitely holding back the SP atm.
spud in a week?, page-10
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