Won't be far off - back in mid-Feb, Galp's CEO noted "We have something that looks sizable." "By late March, we will know about commerciality — we should have a very good view on the volumes of the reservoirs that we’ve hit."
In other news, some uncertainty in Senegal for WDS...
"Senegal’s newly elected President Bassirou Diomaye Faye plans to review the contracts of oil and gas projects, reported Bloomberg. The reassessment of contracts with major industry players such as BP, Kosmos Energy, and Woodside Energy Group is aimed at enhancing the state’s revenue from these ventures."
"Faye’s oil adviser Ngagne Demba Toure said: "To boost the state’s revenue from oil and gas, it is necessary to renegotiate the contracts to increase the state’s shares and change the system of sharing of production."
Lastly, I see that Meg was in Houston last week at CERAWeek. Hopefully she also dropped in to have a chat with the exploration team while she was in town.
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