Technically SpeakingStock had pushed up against resistance levels around $8.0 three times since August past. The stock soon sold off.
No real news such as JV's or the location of 3rd well. Super majors such as Shell, Exxon and Total are drilling offshore with little ESG constraints or pipelines required with floating storage for oil.
No flow tests as the touting on oil discovery are done by paid consultants or in-house petro physicist. The kicking of tires, so to speak, at their data room set up during the last year's African Oil Week didn't secure any JV entreaties as promised from major participant oil companies there.
All just plain talk about the billion barrels baby.