Once the dust settles I expect to see a consolidation. Securing a farminee to drill PEL 87 after this result is not going to be easy and unlikely to happen any time soon, unless any of the upcoming drills in the area is successful. A commercial oil find in Namibia remains elusive.
ANZ
Ann: Cormorant-1 Exploration Well in PEL 37 Offsh Namibia Result, page-71
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