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YankeMike

07/26/22 6:49 PM

#351727 RE: Nightdaytrader #351723

Yes, from the quote below, it sounds like they don't want to reveal anything yet until Shell is also ready to announce it...

"I will not conclude anything or communicate anything before we have done a really proper and thorough job there and aligned in the partnership and this is of course, very exciting, it is completely frontier area."

Nightdaytrader

07/26/22 8:19 PM

#351731 RE: Nightdaytrader #351723

I'm going with 80/20, they found commercial oil. If there was a hint of no oil, the drillship would have left long ago. Shell needs to understand how much oil is in STP EEZ Block #6 because they will have to pay Kosmos.

Also, I wouldn't put too much stock into what GALP states. Even though they are the operator, they really have never been in charge of this block.

JMHO
ND9