TSXV:EOG - Post Discussion
Post by
gunnar on Jul 10, 2023 3:03pm
What was new in the latest presentation?
I wrote this on the LSE board:
1. That Total planned a drill just outside the boundary of our block 3B / 4B March -24.
a. It removes the doubt that Total does not want to do more trials in South Africa.
b. It puts the focus on the potential of our block 3B / 4B. For Total, but also for other parties.
2. That the parties in Orinduik must determine the basis for drilling in October.
3. That talks are held with two interested parties despite no formal farmout round being announced regarding the two deep-sea blocks in the Walvis basin. The upcoming drilling in the neighboring block has been announced for six months. Personally, I had chosen a path to take one of these two blocks in a farmout before the drilling results, the other afterwards. To spread risk.
Looking forward to autumn.
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