GBP 0.00% 2.5¢ global petroleum limited

Ann: Response to Result of Cormorant Well in Namibia, page-6

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  1. 202 Posts.
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    Interesting link from PCL

    Shows in diagram B, a line (fairway) and 3 structural highs (as per the legend on the right) from Exxons blocks all the way to GBP's in the north

    Also shows oil seeps in Exxons blocks as well as GBP's

    http://clients2.weblink.com.au/news/pdf_2%5C01947424.pdf

    A working petroleum system has been confirmed, but the oil has migrated, surely it will have migrated to structural highs ?

    I have looked at the announcement before and not taken much notice, but is common sense to assume the oil will have migrated to structural highs and obviously water
    is heavier than oil

    Even before now I can 't think why a major hasn't taken this opportunity, might be the Peters want proper reward for what they think as prime prospects

    Only now with the evidence of C1 results may they all realise they will have to pay a realistic price for the prize

 
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