Mostly speculations on the farmout processes. When reading news we see interest from companies like Kosmos/BP/Total/WPL, etc. All major companies with increasing interest in just the area we are farming out. I guess most people wants in before the news because it would get double digit after the next farmout I think.
Also many minor oil and gas companies are being repriced these days so there are some traders making huge money at the moment. I myself are up from 50K NOK to 180K NOK since beginning of December.
We believe the farmout in Gambia will be concluded one of these days...
AOQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
