RE: RE: RE: EOG Wisee, before you make a comment concerning EOG in terms of being far away, consider that another company in the same location (UNX Energy) was bought out before even drilling a well. EOG will most likely not get to that stage before they are bought out. In a sense, they are ahead of OYL because their resource estimates are lower risked based on existing wells already drilled in the area
https://www.marketwatch.com/story/eco-atlantic-receives-independent-leads-report-on-sharon-block-offshore-namibia-2012-03-08-10500
Gustavson conducted an assessment of the Gross Prospective Resource as of March 6, 2012. The data provided includes recently acquired 2D seismic data and reports from four wells that were drilled in the vicinity of the block. The interpretation of 605 line kilometers of 2D seismic data acquired from WesternGeco over the Sharon Block has produced two leads. The leads which are interpreted as sealed structures are identified as the "North Structure" and the "Wedge".