GBP 0.00% 2.5¢ global petroleum limited

aim999/others: All the companies with grounds nearby the Tower...

  1. 9,660 Posts.
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    aim999/others: All the companies with grounds nearby the Tower block will profit from hopefully good news coming out of this Welwitschia-1 drill!
    In my case, I am holding also PCL.AX (which farmed-out to TULLOW) and EOG.V (not farmed out yet).
    However, I disagree with you that Tower will be farming-into Global Petroleum. I foresee that REPSOL or another BIG OILER will strike. After all, it is REPSOL that is doing this drill and not Tower. Naturally, Repsol might buy out (take-over) Tower first, as there are several more targets in that Tower block to explore. And another oil MAJOR may farm into GBP's block.
    Time will tell as usual.
    One thing is for sure: Fingers crossed for a good/great outcome at Welwitschia-1 !!
    wasa
 
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