While we continue our interminable wait for news, over at our Canadian counterpart stockblog (CEO.CA), the Sintana followers are all pumped regarding all the SEI moves, share price appreciation and potential.
These is some of their big-picture thoughts moving forward. I note a Woodside initiative is way down on the list, and it is not an own-drill, but a farm-out;
@drezinho Anyone care to venture a guess about which catalyst might drop next? Any major development across the Orange Basin is valid.
@stocksluice We can take a little informal poll.
By number, choose one of the following four, or rank them all in the temporal order that you expect them to unfold:
1) Chevron announces a drill date and location for PEL90
2) Galp provides an update on its farm out initiative for PEL83 (and possibly announces a new drill date and location)
3) Woodside announces exercise of option in PEL87 (and possibly a farm out agreement)
4) Something unexpected out of the blue (or specify).
@weatherlybros2 I suspect Chevron is looking hard at PEL 83 and that’s why they are slow playing drilling PEL 90
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