These announcements are much better than the alternative (nothing there, found water etc).
What many are waiting for is an announcement that they have found moveable oil. Doesn't matter how encouraging it is or how thick the reservoirs is etc, We want to hear that they have found oil that can be recovered and that its a commercial discovery.
I don't think it will be a long wait for the confirmation from Total.
Ann: Shell Oil Discovery Offshore Namibia On-Trend to PCL PEL 87, page-192
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