Hey polyh, The orenge basin and the namibian acregh is huge. I dont know if they intend to nagotiation for pel 87 but its very good sign when another new major is farm in to the area... Like cheveron that farm in first to pel 90 and after to pel 82 in the walvis.
For pel 87 im waiting to wds desicion and im not nervous like others... i said it before that my strategy is to get exposhere via many stocks and not just via pcl.
If petrobas are looking another farmin i think that: pel 90 is a very good option but i dont think that chveron will sell % for them. Pel 83 is very good option but i guess that the price is too high. pel 87 i dont think that they can do any bid move before wds decision.
So which blocks can be reallistic option? 1. block 3b/4b in the orenge basin (eco holds 5%). 2. block 1 eco is the opertor. 3. Kudo block bw holds 95%. 4. block 76 the new block of sintana. 5. the 4 blocks of eco in the walvis basin
PCL Price at posting:
1.6¢ Sentiment: None Disclosure: Held
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