Eco (atlantic) Oil & Gas Share Discussion Threads

[jimarilo] 13/9/2020 07:31

There could be Namibia news this week at the Africa E&P Summit 16th & 17th Maggy Shino to make announcements

[the monkster] 13/9/2020 00:08

Can't see anything before 22 tbh. Hope I'm wrong.

[pro_s2009] 11/9/2020 23:36

I see Shell purchased some Namibia exposure from Kosmos last week. Shell seem to be buying up future exploration areas..........certainly would not be surprised very soon to see them take out Tullow's Guyana and Suriname licenses.

[jimarilo] 10/9/2020 23:03

Great link Pro !

[leoneobull] 10/9/2020 19:11

GLAHttps://oilprice.com/Energy/Oil-Prices/Russias-Central-Bank-Warns-That-Oil-Could-Slide-To-25.html

[jimarilo] 10/9/2020 12:42

Nice write up on the upcoming E&P summit, Eco get a mention

At the Africa E&P Virtual Summit, a delegation of governments and industry leaders will hold three exclusive roundtable sessions on Liberia, Ghana and Namibia’s oil and gas future. Each country will be making announcements on the latest adjustments to any ongoing licensing round bid terms and insights on subsurface potential and exploration activity.

[pro_s2009] 10/9/2020 10:59

Did not hear that. They are currently doing the further work with a view to drilling in 2021.

Although its highly likely they will sell their share of Guyana before the end of this year.

Looks like Shell.

[xxnjr] 10/9/2020 10:25

I'll have to replay their webcast sometime but think TLW said they had no plans to drill Guyana in 2021, although they will be doing further work to understand the potential in the light of recent discoveries in the basin.

[pro_s2009] 10/9/2020 06:59

Very interesting, might be seeing Shell buy out TLW from Suriname and Guyana soon.

Would be better with Shell as operator at Orinduik than Tullow. Would liven things up and get it moving fast.





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[pro_s2009] 10/9/2020 05:14

Kosmos Sells Frontier Interests to Shell in $100-Million Deal

09 September 2020

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[jimarilo] 09/9/2020 10:53

Agreed Pro, zero priced in for Namibian assets currently by the market, the industry clearly see it very differently

Corporate deals and farmouts due soon, may even have announcements from Maggy Shino at the Africa E&P virtual Summit next week 16th & 17th

[pro_s2009] 09/9/2020 10:36

Namibia is going to be very big going forward. At the moment its valued at nothing for ECO.

[jimarilo] 09/9/2020 09:29

Indeed zero value been applied to Namibian blocks by the market, but clearly the industry see's value in the assets ;-)

[manicat] 09/9/2020 09:27

shell has been picking up exploration blocks and paying big money in areas close to us lets hope shell make a move for some of tullows guyanas assets

[manicat] 09/9/2020 09:19

shell has been paying big money for exploration blocks in our areas

[mr macgregor] 09/9/2020 08:58

They need a new partner. Tullow is a lame duck.

[gooner1886] 09/9/2020 07:31

We will be drilling guyana first anyway

[rayrac] 09/9/2020 07:27

Tullow awaiting outcome of Total drill near their block in Namibia. Looks likely they will withdraw if Total have a poor result. Just my hunch.

[dcarn] 08/9/2020 14:17

Exxon at it again.

[jimarilo] 03/9/2020 10:52

Thanks for the link Pro, it highlights that value is not currently priced in for Namibia

Gil has said in various presentations farm outs and corporate activity is coming

I received last week from someone at the coal face in Namibia, regarding Exxon & Equinor pulling out of South Africa ......"Definitely, Namibia is a favored destination, more major and medium sized oil companies will be acquiring assets in Namibia"

[leoneobull] 02/9/2020 23:17

Death spiral.. ?

[pro_s2009] 01/9/2020 22:40

Panmure note on GBP, however, some good info on Namibia is in there. PDF file in the link below.



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