Things Hotting Up, page-21

Africa Oil Corp and Africa Energy have taken up positions indirectly in Namibia, through taking a percentage interest in the company rather than the prospective blocks and then those companies have gone on to farm out the blocks. Eco Atlantic, Pancontinental and Impact oil & gas

I wonder if that is an option we have over looked ?

After all the Peters seem to still be on the look out for new assets and they could not do this without a deal or backing from the likes of Africa Oil Corp

"The Company continued to monitor further exploration opportunities which might complement the Company's existing exploration assets offshore Namibia and remains encouraged by the recent increase in exploration activity both within the region and beyond."

The above statement was in the recent results, but not the previous quarter

I know Africa Energy for a fact, are looking at several options currently in Namibia and would like a deal ahead of the Cormorant results

It even said in the results that there is renewed interest and the data room is still open

ECO have already said they predict corporate activity in the coming months