If they hit oil in Coco 1 it cold well be worth many times the WA stuff in volume terms plus they own 80% of it. Onshore too. These sands are very productive keep producing long term. Off shore discov are one thing but for midcaps they are very expensive. Like a few analysts have pointed out over past few years, these holes might be "companymakers". Im staying in to watch. I dont ignore Angola unlike many.
No use crying over spilt milk. Thats exploration.
dunsborough 2, page-16
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