Post by
argaiv on Jan 25, 2024 1:30pm
In The End
Assuming next well or two are NOT commercial would anyone think GIL's exit strategy would be to sell out to Africa Oil. Not sure how many failures we can handle and remain afloat. We have those 12 wells being drilled on the Canje block this year by Exxon.
Comment by
dat51or on Jan 25, 2024 1:39pm
I think it's the other way around. AOI is exiting ECO. That has been hinted at for quite a while (see my post from a few days ago). I think 3b/4b will be successful as I do for Guyana, however if they fail we still have huge holdings I the Walvis basin. In time those will get noticed and it would be game on, again . I'm hoping for farm out news in April and buying a little more... dat