Ann: PEL 37 Joint Venture Votes to Drill Offshore Namibia, page-13

nammuldi: "....Tullow will not just walk away which suggest still the project has merit..."

nammuldi: Totally understand your decision to fully selling out of PCL during the last 12 months. As in your case, this would have represented a MIGHTY LOSS - if I had done the same. Perhaps, I shall regret to not have taken the same path as you...

Back to NAMIBIA: Tullow seems ready and willing to go ahead with several drills off-shore sometime next year. I am quite CERTAIN, that the 'coming on board' of the INDIAN lot has increased the chances of those drills happening massively.
I am also convinced, that TULLOW has seen a LOT of promise in that PCL block as well as in Eco Atlantic's Cooper block. (Exciting seismic data in both cases - IMHO).
As mentioned in my previous post: IF you are interested in the Namibia potential and want to have cheap exposure with bigger upside, then - JIMHO, of course - investing in EOG.V is the way to go. Time will tell.

Lastly, I do hope for a big success for PCL so that my losses here will be more moderate.

wasa