Kosmos Energy Share Discussion Threads

[cashandcard] 23/4/2024 22:03

xxnjr,Agree - GALP are in Dreamland. They can pick and choose and there are vague reports already of undisclosed offers.I can't wait, as a significant Sintana holding dominates a section of my portfolio, we will see immediate read across.In fact it's happening right now. Sintana Energy storming head today. Up almost 25% at close tonight.The writing is on the wall - this is Dreamland for oil exploration investors.Cash

[cashandcard] 23/4/2024 21:59

xxnjr,Yes, Rhino privately owned. Cannot find anyway to play PEL85 - there seems to be large Cretaceous prospect mapped not too far south of Mopane oilfield near the license boundary. I expect Rhino to go for this first.Namibia is on fire!Cash

[xxnjr] 23/4/2024 15:47

That's not a bad address cash but afaics Rhino is privately owned?

[cashandcard] 23/4/2024 13:53

Rhino resources of South Africa, holder of PEL85 Namibia, have secured the Noble Ventura rig for a 2 well campaign immediately South, southeast of the Mopane oilfield.Cash

[xxnjr] 23/4/2024 08:16

Trident have done well to secure Noble Venturer - we know how well that rig performs.

[cashandcard] 22/4/2024 08:00

xxnjr,They have truly hit the jackpot in PEL83.A rare GIANT oil discovery, before any of the other prospects on the block are drilled. Before any of the other PELs are drilled.I've seen some Canadian resource investors talk 20billion OIP on PEL83 on this block based on what is known.Word is GALP are now planning a 10 well campaign for PEL83. They are going all out. I expect a partner announcement during the summer - no doubt majors will be all over them.What a rare position for a minnow oil company to be in. Reminds me of the days of Edinburgh oil and gas - when Buzzard oilfield in the North Sea. Also GKP, as Shaikhan was discovered. What Sintana have is greater - access to the epicentre of a huge new basin in its honeymoon phase, where all the major discoveries are made.Not selling a single share. This is only just getting started - AOI indicating Chevron have a rig and Woodside will probably announce soon aswell.Cash

[xxnjr] 22/4/2024 02:53

Great! So the 2 to 3 ooip was conservative! well done GALP. 14K on a DST is not bad but that was the max limit of the testing facilities. One wonders what an unconstrained well result could be. One of the interesting characteristics, I feel (non expert) is the "very low oil viscosity" which also seems to be the saving grace on Venus given some relatively low poro or perm numbers present there. Could also be good news for Mangetti potential.

[cashandcard] 21/4/2024 15:14

Phenomenal results just released by GALP - they got a monster oilfield;Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully completed?the first phase of the?Mopane exploration campaign with the conclusion of the Mopane-1X Well Testing operations.The Mopane-1X well discovered, in January, significant oil columns containing light oil in high-quality reservoir sands at two different levels: AVO-1 and AVO-2.?The rig then moved to the Mopane-2X well location, where in March significant light oil columns were discovered in high-quality reservoir sands across exploration and appraisal targets: AVO-3, AVO-1 and a deeper target. In particular, the Mopane-2X well found AVO-1 to be in the same pressure regime as in the Mopane-1X discovery well, around  8 km to the east, confirming its lateral extension.The reservoirs log measures confirm good porosities, high pressures and high permeabilities in large hydrocarbon columns. Fluid samples present very low oil viscosity and contain minimum CO2 and no H2S concentrations. The flows achieved during the well test have reached the maximum allowed limits of 14 kboepd, potentially positioning Mopane as an important commercial discovery. In the Mopane complex alone, and before drilling additional exploration and appraisal wells, hydrocarbon in-place estimates are 10 billion barrels of oil equivalent, or higher.All acquired data from the current Mopane drilling campaign will be analysed and integrated into an updated reservoir model. The model will serve as the basis to refine Galp´s near-term drilling plan to further explore, appraise and develop the wider Mopane complex.--------------------------------------------------------->>Custos is Sintana's local vehicle.Cash

[fraserdean] 21/4/2024 14:34

Should have bought Sintana Friday

[xxnjr] 19/4/2024 14:03

over to patrick p 26/4 Total Results.....

[fraserdean] 19/4/2024 13:39

Yep looks like Chevron drilling in the south of that in q4

[cashandcard] 19/4/2024 11:06

fraserdean,That sounds interesting - closer to Chevron/Sintana PEL90Cash

[fraserdean] 19/4/2024 10:07

All very interesting
Tucker was on about Mangetti the other day, looking like it's a bit of a monster too, they're going to drill another well on it this year to appraise further north

[xxnjr] 19/4/2024 08:22

Shell has racked up yet another hydrocarbon discovery offshore Namibia, although it is too early to say if it is commercial.

The Enigma-1X probe is being drilled in the supermajor’s prolific Petroleum Exploration Licence 39 by Northern Ocean’s semi-submersible drilling rig Deepsea Bollsta, which is being managed by Odfjell Drilling.

A Shell spokesperson told Upstream: “As part of our multi-well campaign in Namibia, Shell and its joint venture partners have safely and successfully concluded drilling our sixth exploration well, Enigma-1X, in PEL 39.

[xxnjr] 18/4/2024 19:26

Just plugged in. I was wondering why Sintana is up 15% now. Thx for the explanation cash. Interesting comments indeed :)

[cashandcard] 18/4/2024 08:31

Interesting comments by Robert Bose, CEO of Sintana Energy, in today's RNS release by CEG. Charlestown energy (which he also heads) have taken a strategic position in Challenger energy for their positions in Paraguay (OFF-1 with Chevron, OFF-3 sole risk).Drill Stem testing continues at Mopane-1X site - BUT he has referred to PEL83 with this wording 'multibillion barrel light oil discoveries'. Mopane oilfield was discovered and appraised confirming 3 reserviors. It's big, really big. Minimum some are expecting is 2-3billion OIP. Possibly 600-800million recoverable to begin with.Cash

[fraserdean] 17/4/2024 17:02

Ha ha, you missed the spilling of some water but they've actually been a lot more open with info and slick.

[xxnjr] 17/4/2024 16:17

This is odd and not investor friendly

"Those shareholders wishing to join the event are requested to register their names, and state whether they wish to attend in person or join the webcast, by sending an email no later than Monday April 15 to: [e-mail].

The webcast details will be emailed to the registered webcast attendees prior to the event."

I'm locked out!

[fraserdean] 16/4/2024 13:06

That's a hell of a time

[xxnjr] 15/4/2024 12:27

After about 190 days on Mangetti, Tung Expl now headed for Walvis Bay.

[fraserdean] 08/4/2024 16:10

Thanks interesting one very similar to the AOC block, or the block that may be AOC or may not be AOC, be good if Trident could let us all know what's happening with the rig for EG

[xxnjr] 05/4/2024 23:03

Maybe RT will be up to speed, finally. He's has been in the job 7 mths now.....

You probably noticed this. If not

[fraserdean] 04/4/2024 17:20

Yes at least with Hill at those meetings you'd expect some news but not any more.

[xxnjr] 04/4/2024 10:01

Total's results 26/4. I assume that may include the odd tinge of colour on Namibia. So a little surprised by timing of



CCO will also be presenting. A cynic might suggest RT not up to the job. Not that I would be so impolite to suggest that.