LLOG has the internal expertise and the external relationships in place to execute the development plan, and it even keeps inventories of standard kit like subsea trees so that it’s not waiting on equipment.
“Typically, before we’ve acquired the prospect, we have a fairly well developed plan on how we’re going to bring that commodity to market,” he said.
So what about those field names? “We have a very serious business here,” Zimmermann said. “We have a high focus on safety, a high focus on investment. It’s the one place that the geologists and the prospect generators can have a little fun.”
MAY Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)