RE:Business Update - Fast track Orinduik Block, offshore GuyanaAton, you have hit it on the head....2.8 billion barrel potentail. The fuse is lit and the big move will be the announcement of a drill target being confirmed followed by a drill ship being contracted. EOG will double on low volume as this stock is tightly held. EOG could drill up to 3 separate one billion barrel exploratory well opportunities (Namibia - 1 and Guyana - 2 kms from Exxon massive 3 BILLION barrel discovery). That is why African Oil and the Lundin Corp approached EOG for a piece of the bluesky potential amd a game changer.
That's right folks, EOG DID NOT not solicit AOI, AOI DID solicite EOG with a PP at a 20 to 25% premium. That was confirmed with an official. This is a no brainer, buy it now or pay out when the first drill ship is deployed...