It is reported by GBP that the operations will take two to three weeks and will be reported on when results are known .
The recent well drilled by this rig , in the same basin 94km away , had the largest intersection of gas and oil discovered so far by Tullow (in the surrounding blocks) . That was Kasamene 2 , Kasamene 1 which had a smaller pay zone flowed oil at a rate of 3,500 BOPD ! If you look further there is examples not too far away with even higher flows !
When the followers start to follow this stock and realise the potential this will run harder than a Barra . But there will not be a fanfare of hopeful announcements . Rest assured if there is oil there is a LOT OF IT .
( not 56 bopd if ya know what I mean ) .
GBP Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held