HIGH Impact wells.............This is company PR nonsense? You guys are just company SHILLS?
Let me explain to get it thru the THICKNESS I see. Nobody really cares about 500M or 1B barrels off shore or on shore in Africa. The value is whatever you can get for it from someone more desperate that you!!
The NAMIBIA well is as high impact as your every going to bet and it did NOTHING for the share price. Rumors about pending Kenya on shore sale/JV have done NOTHING for the share price.
The best I can see is the share price moves UP and DOWN with the value of BRENT, even though AOI is 100% near term hedged, because that ISA correlated to the futures price than you can Forward Sell the remaining cargoes in Nigeria.
The reason Nobody really cares about these offshore HIGH IMPACT wells is that your looking at 5 and 10 years of development time, and hundreds of millions IF NOT Billions of Development Capital..................These opportunities tucked inside a an OFFSHORe producing assets trading at about half of NPV are being valued at ZERO.............Actually less than ZERO If they can be monitized..............so why even f&^king talk about them unless you are NUMB!!