We are getting to the end of a 2yr wait... from Exploration Success 5Bill bbls oil-in-place(Alameda) where the SP moved from 2c range to 20c
To present appraisal well and now within very short time frame>> TD , flow-tests,oil tests APi and development plans released to the market..
Success at the Alameda also opens up many more leads in the block ..with 70% JVP Major Energy player "Sonangol" (SNGL with almost 2 million barrels a day production profile)
Aussie assets
IMHO MAY could well repeat the same move north on appraisal success as it did with the Discovery of the muti-billion bbl ..
