gofishYes Chinguetti has proved disappointing. But I also note...

gofish

Yes Chinguetti has proved disappointing. But I also note that Tullow reported another discovery in Uganda at Nzizzi making it 4 out of 4 and providing confidence that the recoverable reserves at Lake Albert will be significantly higher than previously estimated. And in the adjacent block Kingfisher has come in at 14,000 bopd over two sections and it has a 70km areal extent! This means that the huge prospects under Lake Albert in the former HDR block are very likley to be oil-filled ... we are talking billions of barrels in place!!

I reckon Tullow made a very astute purchase!

My current O&G favourites are ESG (bought at 27 cents) and .... that's about it!

Best of luck to all!

H