RE:RE:RE:RE:RE:RE:Gazania - totals 500 million barrels in 3 targets.... They went 2-for-2 in Guyana, turned out to be the wrong depth. This resulted in heavy oil, it proved there is a ton of oil in the northern and eastern part of their block. I've given predictions from everything from Carapa to Kawa and been spot on, feel free to look it up.
next move like I've said for over a year is the eastern most part of the block. Of the CPR I'd say 2.5 billion is in play there. So 375 million barrels net to eco.
so next 12 months you could see eco hit 150-250 million barrels in SA
another 150- 300 million in Guyana once Tullow Fuches off
so I'd say 400 million in shallow depth at $5-7 a barrel plus the unknown adjacent to Venus so I'd say a buyout at roughly 2.6 billion sounds feasible.