following hardmans footsteps, page-40

Good on you, Elguido;

With all the seismic data they have things should move pretty smoothly and if they can get a rig contract by the end of the month that will help the SP and sentiment.

Would be interesting to find out how far down the road they are with a shortlist of companies for Senegal.

In case the market needs reminding i have added the works programe for the next few months.


Over the coming months the Company’s work programme includes:
• Testing of the Stokes Bay-1 well which has potential reserves in excess of 200 BCF gas or 10 million BBL oil;
• Exploration drilling at NE Waller, Texas, where several prospects have been identified by FAR, targeting potential reserves in excess if 50BCFE;
• The drilling of an exploration well at Lake Long, South Louisiana with potential reserves in excess of 150,000 BBL oil and 1BCF gas;
• Farm-out marketing of the +1billion BBL oil potential Senegal project; and
• Progression of development planning in the Beibu Gulf, Offshore China.

All the best.