3D SEISMIC - TETHYS & TITAN UPDATE (OCT 18)The Tethys has now moved to a new location North-East of Liza for (what appears to be) another seismic campaign - per Fleetmon. This new location follows after a multi-week campaign capturing new seismic around the Pluma area area - with multiple routes showing the Tethys entering into the northern Corentyne Area area.
The Titan has now moved off of its location north of Orinduik and Demerara (within the Stabroek Block). It now appears to be in route to the Northern Corentyne Area.
Should know by early next week (per Fleetmon) if the Titan starts to tracking over the Northern Corentyne Area.
Good time for third quarter earnings to start. We should hear updates from Exxon, Repsol, Tullow, Hess, Frontera, etc. Very possible we may know the results of Apache's exploration well by end of this month when they report earnings...
Again, very exciting times! Anyone want to speculate what the impact would be to CGX should Apache announce a major discovery? Considering we may have 3 major hydrocarbon discoveries within miles of the Northern Corentyne Area (Pluma, Haimara and now possibly Maka).