Impact Oil just raised US$95m to drill PEL 91 which is the block with TotalEnergies just south of us. I can't see us having any issues raising when the time comes, if we choose to keep our stake which we should imo if the survey produces the goods.
Results Of Open Offer – US$ 95 Million Raised
Siraj Ahmed, Chief Executive Officer of Impact, commented: "We are pleased to see the US$ 95 million open offer's successful completion, having been fully taken up by our existing shareholders, who continue to support our growth and to whom we are most grateful. The funds raised will be applied towards our share of the multi-well drilling programme now underway in Namibia, together with our partners TotalEnergies, Qatar Energy and Namcor."
Impact Oil just raised US$95m to drill PEL 91 which is the block...
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