Right on schedule, announcement on 16/12 confirms that the Ivory...

Right on schedule, announcement on 16/12 confirms that the Ivory Coast government have given the approval for RIA to start drilling and have access rights to CI-202.

While this is all to be confirmed by the drill, plans for delivery of up to 8000 bopd and 100 mmscfd highlight that this project is a big target (company maker) if oil and gas flow as expected.

Announcement also confirmed:

* Drill in Mid-February
* Rig organised. GSF Monitor Jack-up rig to be used.


Given some stability across the wider market, this should be a good BESBS play.