Currently it looks like there maybe deals ahead of the drilling campaigns of Total and Exxon, possibly Shell
Total's Venus well is in the Orange Basin, if the hits then all players assets in the basin will rise in value
Currently in the Orange Basin you have Total, Shell, Kosmos, Tullow and Galp. PCL are certainly sitting in the right post code and enjoying serious company. It is a win win for PCL either a deal ahead of drilling or after. If it is after the deal will be more expensive
The potential is right there, time will tell what plays out
https://www.namcor.com.na/wp-content/uploads/2020/06/Lic_Map_01112019-Received-22012020.pdf
GBP have two trading days until they de-list from the ASX. I expect corporate action there as well in the near term
Currently it looks like there maybe deals ahead of the drilling...
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