GBP 0.00% 2.5¢ global petroleum limited

Things Hotting Up, page-30

  1. 202 Posts.
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    Here is Ocean Rig's presentation of the results. Note page 6 shows th Poseidon staying in Namibia next year and a Major Oil Company is drilling two wells after Char. The red showing after the Major is in discussions now for new contracts as per the webcast

    http://ocean-rig.irwebpage.com/files/ORIG_2018_Q2.pdf

    It is possible the Major could be drilling Gemsbok after the first well or could be part of current discussions for the Poseidon. If a deal is closed 3d seismic could easily be completed before the start of next year. Time will tell

    GBP ticking up again on the LSE, realisation kicking in that a deal could be close
 
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