the cold hard facts, page-8

yes just look at the share prices of PCL, NEN, RIA just to name a few....

I don't think any of that will have much influence on TPT

You just want clear indicative timing of spud date and drilling...

TPT is only in 200 metres of water so was never going to need a big drill ship like Genel and Cairn deals or anything remote to what PVD is looking at....

They are not in the same water depths

The Genel and Cairn deal and PVD are in ultra deep water along with PVD they are in depths of over 2000 metres and those farm ins wont even cover the cost of proper 3D and deep water drilling. Two of the wells Apache drilling off east Africa are reported to be USD 70-120m per well.

You need to compare apples with apples and this is one of the only deals were the well is fully carried and they get
back USD 7.5m vs the genel and cairn deal were the other JV mob san leon got chicken feed USD 1.5m each....

they are a major farm in.... Just because aussie punters have not heard of them doesn't mean they are not good....
the last decent ASX company that had any success in Africa was Hardman back in 2000s

EH is a african national and built Apache Australia from
nothing to a USD 4bn enterprise be a brave person to
bet against her.... shorters be aware.... instos are a coming................

Look at the farm partners for Brazil Petrobras and the farm in partners invloved with Mozambique