Good point chil020. IF there were any oil and gas companies out there that were not fully aware of the WHL story re Seychelles and other assets, then yesterdays Africa Oil conference presentation, would have certainly spread the message far and wide through the global industry!
This surely, would enhance any existing competitive element to the already in progress negotiations with two organisations re farm out deal.
The perhaps relatively low key summary nature of the presentation, I feel was a subtle but also powerful lever to be introducing into the mix right at this pivotal point in developments.
This could be the trigger to either accelerate existing negotiations or open the door to new negotiations, all of which adds a sense of urgency!
Steve has already made it quite clear he wont be giving the Seychelles away and has a market cap target of 200 million dollars which equates to 16 cents per share. That's in advance of the already discussed potential $1.00 per share should everything fall into place futher down the track!
Anyone noticed the recent frenzy in the shale gas sector of late? Well I feel it will only take a bit more interest from some global oil and gas heavy weights to push into East Africa area or for a successful drill result or two in the region and there will be a bigger frenzy erupting there! WHL / Seychelles plus other assets looking good!
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