It's that time of the year again when Cape Town seems like the perfect holiday destination for a FAR holder during the first week of November.
Of special interest to us: Ophir, Svenska, Noble, Dominion and African Petroleum. Although I'm sure the most intriguing presentation would come from this guy:
Mr Mamadou Faye
Conseiller Technique - Technical Advisor
PETROSEN SOCIETE DES PETROLES DU SENEGAL
Perhaps some insight into what on earth has been and continues to go on in Senegal RE petroleum exploration licenses?
Really quite unbelievable now! This Senegal renewal has been seriously testing my patience of late and I must say while the dilution from picking up Flow Energy is painful I'm glad we're more diversified now with a piece of the East African party kicking off in 2012.
Talk about left field ME
By the way I'm not sure if anyone has mentioned this but Rocksource has rounded off 2011 with 1 discovery and 4 dry holes. Market cap sitting at 94 million krones / US$16million'ish.. ouch.
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