GREY:ENGFF - Post by User
Comment by
Columbus1494on Nov 19, 2012 11:16am
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Post# 20617454
RE: RE: RE: At Last (Atlas)
RE: RE: RE: At Last (Atlas) A new operator for 1711 must pay 75% of the cost for seismic and the next well,55% and 20% free carry for HRT,Namcor and Nacor.Maybe that is to expensive for Atlas and they are only prepared to farm in but not to become operator.
I think a lot is in the works in Namibia.HRT will soon announce a partner for a block.A private company Starck oil has a deal pending;https://www.pr.com/press-release/453087 .Rockhopper/Premier Oil are interested in Namibia.BP is searching for more blocks.I notice something interesting in PetroVikings presentation on slide 19.It seems that Exxon is interested in the northern Namibian blocks.
https://www.petroviking.com/i/pdf/presentation/Namibia_Presentation.pdf