Post by
farrell90 on Sep 09, 2024 1:06pm
My guess:TotalEnergies may be Galp's partner
Total has anounced its drilling a surprise exploration well at the far northern edge of its prolific Namibian block 56 adjacent to Mopane. In fact it is only a few miles {?15-20 mis} away from Mopane .Looking for extension of Mopane into its block? Looking for synergies to develop Galp's PEL 83 and Totals PEL 56 field ?
Stay tuned.
We are in great shape. I pick up more shares
JMO Farrell
https://www.upstreamonline.com/exclusive/totalenergies-set-to-drill-surprise-exploration-well-in-namibia-s-prolific-orange-basin/2-1-1700179
Comment by
Theonewhostocks on Sep 09, 2024 1:40pm
Maybe they're just looking to steal the oil right out from under galps nose. Beat them to the punch.
Comment by
farrell90 on Sep 09, 2024 4:20pm
If the Mopane oil field is big enough to extend into PEL 56 there will be plenty of oil for everyone. Plus it would encourage some cooperation from both parties, Galp and Total; no one will be "stealing" oil. I would be delighted to have Total or Chevron develop the block{s}. Remember Chevron is next door to PEL 83 too JMO Farrell
Comment by
hikari on Sep 09, 2024 4:29pm
.. and Exxon goes for the Saturn prospect (the CEO of Woodside, the company which will become operator of our block, is an Ex Exxon employee) but who is going to buy Sintana: Total or Chevron or Exxon? Or Petrobras?
Comment by
Theonewhostocks on Sep 09, 2024 4:40pm
Me if these share prices keep dropping.
Comment by
farml1234 on Sep 09, 2024 6:48pm
Sounds to me like they let the cat out of the bag jmho