It has been a waiting game where very little news have come out.
But there is a newsflow coming these past few weeks which is quite interesting. Gambia was mentioned as area of interest in the BP/Kosmos deal and I believe that the LOI in Gambia could be with Kosmos(or even BP). I see no other reason why they would mention it in this deal if it weren't. So that would be some hefty news to start the new year with.
Also Total is mentioned to be interested in Senegal deep water and there is not much to choose from.
Both of these are showing that the majors are interesting here and it will be an interesting start of 2017.
And then we continue with the drilling of CI-513 as well late in H1.
The MCAP compared to what we could end up in 2017 if lucky is ridiculously low so I do hope for an extremely profitable year with APCL being my biggest part of the portfolio of 3 different companies who are all very much undervalued on assets.
AOQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
