RE:RE:More of the same!
Wingafy wrote: Hmmm...no news of the big dawgs coming to chew on the bone. Only Petrobras mentioned in any news releases. Pity, GLTA
Wing...
In the most recent articles detailing Petrobras' intentions, the 2 biggest quotes for me are...
"Assuming an oil recovery factor of 25% of the block's oil reserves, the 40% stake in Mopane could cost around $4 billion, BTG Pactual analysts estimated in a note last week" "It's a competitive process in a sought-after area"