Africa Oil Corp. T.AOI

Orange Basin Test 14 K bbl day (max test amount capacity)

[firstworld]

Gapa Energia  near Total & Shell finds.  Up to 10 B bbl oil.

https://oilprice.com/Energy/Crude-Oil/Namibia-Racks-Up-Another-Major-Offshore-Oil-Discovery.html

Wonder what's taking Total so long to share it's test results....it's been months now.

[hikari]

The difference could be: Perhaps Total wants to acquire more blocks in the Orange Basin and does not want to tell competitors or even retail the hughe, massive hydrocarbon potential there to keep prices low. Perhaps Galp/Sintana want to sell their Orange Basin assets, at least partially . So they are much faster to tell the whole world what monster they found. This Galp/Sintana discovery with 10

[firstworld]

Galp produces 123K bbl day.  Will NOC or super majors want to partner with them to find development?   It's my feeling that Total wants to keep the testing under wraps and can do do legally as it's not material in the big picture. Looks like Orange Basin real estate just got a lot more desirable and expensive.  Seems like AOI gave the farm away too soon, unless these