Tritons total lease area in the West Africa (Equatorial Guinea)...

Tritons total lease area in the West Africa (Equatorial Guinea) area is about 4,000 sq. km. HDR has 74,000 sq.km, so although Triton had three times the ownership level, HDR has 20 times the area. It would be interesting to know how many leads Triton had when Ceiba was at the same stage as Chinguetti. It's hard to find out. Their website has disappeared following their takeover. I suspect Triton could not have matched HDRs 55 leads in such a small area. Overall I'd say HDR looks more promising now than Triton did at the same level of maturity.

Another interesting fact about Triton is that it took them a mere 14 months from discovering Ceiba to turn it into a producing well. Ching could be churning out cash much sooner than people realise.

Some other parallels: Ceiba had 30 deg oil with net oil-bearing pay of 314ft in four zones. This is almost identical to Ching-2. Lets hope HDR can continue to follow the path Triton did with very rewarding outcomes for shareholders.