GREY:ENGFF - Post by User
Post by
Columbus1494on Jan 23, 2011 4:24am
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Post# 18013554
Glencore Congo
Glencore CongoIts well known that ENG has a giant as its neighbour to the south,ENI.
There is little talk about another giant,Glencore.They have farmed in with 42% to the Yema block which borders
Lotshi to the south-south west.They also hold 42% of the Matamba-Makanzi block a little further to the south west.
The operator of those blocks is Surestream,Surestream recently farmed out 55% of the Ndunda block to ENI.
Surestream and Glencore were supposed to spud a well in Yema a few months ago but I havent heard more
news about that.
https://www.dailyfinance.com/story/company-news/glencore-international-considering-10-billion-ipo/19723709/
https://www1.hymarkets.com/html/news/2010/8/16/1281980645nLDE67F1P6.html