APACHE - NOBLE SAM CROFTIt looks like the Noble Sam Croft’s arrival to Suriname is imminent (based on fleetmon marine traffic application). A significant and high profile well expected to be drilled offshore Block 58 sometime end of September.
We have heard all the exciting commentary from Apache regarding Block 58 - with much industry speculation their first well is expected to test a prospect adjacent to Guyana’s maritime border. Map Stand and Staatsolie in particular have the ‘Maka’ prospect being up-dip of Exxon’s Haimara field (Stabroek block) and directly adjacent to CGX’s Northern Corentyne Fan Complex. Exact coordinates of Apache’s first well have remained just short of a mystery without doing some heavy digging online....
This is one of the bigger near term catalysts CGX shareholders have been waiting for - with significant implications to the prospectivity and de-risking of the Northern Corentyne Fan complex.
Exact coordinates of the Noble Same Croft will soon be revealed - good luck to all long term CGX shareholders!