I suspect the author has his wires crossed over the cafuffle caused when the Zim president said IVZ had made a discovery in 2018.
I can't find any evidence of any O&G drilling in Zimbabwe in recent years.Excellent find.
I doubt there will be a halt as we all knew this was coming including the market.
I'm now not expecting any farm in to be announced for a while. I think the CR tells you that.
I personally believe that there is a competitive process running behind the scenes for the farm in and the CR puts them all on notice that IVZ could go it alone if need be.
I think it will get them all to sharpen their pencils, which will mean we keep more WI or pay less.
I personally would like us to keep at least 50% so farm down 30%.
I think this would be a very good outcome if we could get 2 wells freecarry or maybe even contribute a bit of cash.....maybe that is why we are paying for seismic?
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
4 | 401942 | 5.1¢ |
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Price($) | Vol. | No. |
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5.2¢ | 47107 | 1 |
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No. | Vol. | Price($) |
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4 | 401942 | 0.051 |
9 | 652356 | 0.050 |
5 | 1183689 | 0.049 |
2 | 250000 | 0.048 |
3 | 1143297 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 47107 | 1 |
0.053 | 1034571 | 6 |
0.054 | 1000652 | 8 |
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