Definitely an interesting week in terms of price action.
Total was mum about what they have; was it gangbusters nope, was it positive I'd say yeah. As far as I can tell, after deploying a ton of their exploration budget they have something. By something that means commercial.
How that translates to Impacts stake is interesting. On the E&P front Total has two major future projects. Namibia and Suriname. Both seem viable, but at different terms, depths, partners etc...So Apples to Oranges (no pun intended)
Prime is the new real test of the new CEO, how and when they sold shipments in a very volatile month of Brent + $1-2 will be interesting. That could mean a fair amount as far as cash flow.
Brininging in new folks is also interesting, basically all I care about are their relationships. If they can produce farmouts, great, if not, everyone wants top dollar right now. That's more of a mutually ensured success scenario. If they can sell that then they've earned every solar that wasn't returned to shareholders.