TRP ticking up nicely again today ......something stirring perhaps
Of course they are waiting for news from Cameroon, Namibia and South Africa
They are the third largest net acreage holder in Namibia (Walvis Basin) and are in one of just two blocks that brought oil to the surface, before Graff and Venus, the other is now held by Exxon and Galp. Exxon are also adjacent to TRP to the north of their blocks
Some previous wells on the old exploration model were subject to over pressure when drilling into what is now known as the "Aptian shale seal". The new exploration model, accounts for the high pressure to drill through to the lower Aptian and beyond....hence the 100% strike rate of 5 wells from Brulpadda to La Rona
The new model has completely turned the region on it's head ........the micro cap ceo's knew their game and pay day is fast approaching !!
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