GBP 0.00% 2.5¢ global petroleum limited

Hi onshow,Maybe some more research needed... TRP have not...

  1. 162 Posts.
    Hi onshow,

    Maybe some more research needed... TRP have not drilled a well yet. They own the block & GBP have now taken on a 50% stake for the cost of drilling two wells. Tullow & Heritage have had the successes to the south...and the producing fields of Sudan are close to the north too. However, proximity is no guarantee of success.
    IMHO the chances of success are high - enough for me to have a substantial (for me) stake in both TRP & GBP. GBP appears the better value at present.
    A good summary by a well respected poster on TMF here:
    http://boards.fool.co.uk/Message.asp?mid=11528990
 
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