RE: RE: RE: RE: RE: RE: Oil offshore west Afirca? LOL, wisee, I've been at this game a long time as well, and have learned to trust nothing of what you hear and 1/2 of what you see.
What I hear is great oil there, what I see is no oil and a plunging stock price.
Obviously the people that count don't see it your way.
$100 miilion for Galp is all relative. That is not a back breaker for Galp.
You casually ignore the one BILLION that TNK put into the Solimoes for which they so far have got next to nothing in return. It is also noteworthy that they did not put one cent into Namibia, although I'm sure they had front row seats.