Here is the post. Once this becomes more visible and we get close to drilling, we'll be all smiles with the share price.
The waters off West Africa are bubbling with oil exploration activity. Modern wildcatters are flocking in waves to this hot new frontier, with many Houston firms in the forefront. Discoveries to date point toward the presence of enormous reservoirs know as "elephant fields," and one energy industry compares the region to the "Persian Gulf in the 1960s."
US interest in the region centers on large offshore oil deposits in the Gulf of Guinea and a desire by Washington to diversify its oil supplies away from the turbulent Middle East region.
Reports have been circulating in oil business and diplomatic circles for over a year now that the Americans had their eye on strategically-located Sao Tome, a pinprick in the ocean with a population of just 140,000 people.
The previously obscure archipelago was discussed at powerful business seminars, and there was even a long article in the prestigious New Yorker magazine comparing the islands' potential to Saudi Arabia.
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