Drilla and Tommas, about your calculations. I read from Chariot Forum that Tullow paid US130 million for one Pancontinental block in Namibia or something to that effect. Such information helps you calculate more accurately the value of the farm pre and post discovery (if there is ever one).
Another point, i threw a curve earlier. Has any of you experienced or heard of a similar exploratory campaign where so many elements of the reservoir are found except the oil reservoir itself?
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