Interesting interview with SBM Offshore on Upstream. “Even though we do not have a contract yet, we positioned a representative in country, Ousmane Aidara, for the past year, and we hired six trainees, and we sent five of them to our Kuala Lumpur office for training on the Venus

Shell wrote down PEL39 to the tune of US$400m, citing that it "cannot currently be confirmed for commercial development." Is this meeting a rethink on PEL39 and/or regarding another PEL?

"Pancontinental is now in a strong position to attract a major farm-in partner to fund exploration drilling." $PCL $SEI.V stockhead.com.au/energy/tapping…

West Gemini recently finished with Total Energies in Angola. What is Pouyanné up to? Perhaps further drilling PEL83 after farm-in or another PEL? $TTE $GALP $SEI.V $PCL

From $GALP's results today, "Securing a strong partnership in Namibia PEL 83 remains an important milestone, and the progress thus far reinforces our confidence in its successful completion." $SEI.V $PCL #OrangeBasin #Namibia #Oil galp.com/corp/en/invest…

Interview with Iain Smith of $PCL re PEL87. In regard to resource upgrade, "in the coming days or next week or so, we expect that announcement to the ASX which is an update to those figures." "We have a nice mix of international majors, national oil companies and large

Deepsea Mira leaving for Volans-1X. Can Rhino and Azule (BP / Eni) make it 3 from 3 following success already at Sagitarius-1X and Capricornus-1X? Yet another hit would also assist $GALP and $PCL with their farm-outs as all lie east of the outer high. #Namibia #Oil

"Asked about TotalEnergies' reported interest in farming into Galp Energia's huge Mopane discovery in the shallower waters of Namibia's Orange basin — the company has been tipped as a front runner — Pouyanne was coy, but did not deny it had submitted a bid. "We'll see what will

Deepsea Mira headed to BW Energy after Rhino. "Rhino's part of the agreement includes a single firm well on its Volans prospect, plus two optional wells, while BW Energy's programme covers one firm probe plus an optional well." #Namibia #Oil #OrangeBasin $ENI $BP BW Energy

Pancontinental Energy announces resource upgrade to PEL87 with increase in best case (2U) totals up by over 40%. Increase in GCoS as well. Also "mapping of an additional prospective feature, external to the Saturn complex (i.e. another lead). $PCL $SEI.V $TTE $GALP #namibia #oil

"The “high case” recoverable resource estimate for this prospect (Oryx) has also shot up from about 1.54 billion barrels in March this year to more than 2.5 billion barrels currently." upstreamonline.com/exploration/na… $PCL $SEI.V #Namibia #Oil

Pancontinental (#ASX: $PCL) June Quarter Report: ✅ Saturn Complex #oil potential upgraded to 4B bbls ✅ Oryx resources up to 1.9B bbls (High Case) ✅ EIA process underway ✅ Strong cash position: $2.5M + $200K in post-Q funds More: wcsecure.weblink.com.au/pdf/PCL/029729… #Energy #OilandGas

$PCL $SEI.V $GALP $TTE #oott #oil #Namibia

"Mangini (Azule CEO)...is confident in Azule and its partner’s discovery and they are “starting to look into Capricornus in terms of development,” he said in an interview in Namibia’s capital Windhoek. “We’re ready to stay in Namibia for many years because we know what we already

West Gemini already in Walvis Bay and West Draco heading there. Somebody has plans. West Eclipse standing by. #oott #Namibia #oil $sei.v $pcl $tte

The global exploration hotspot. Chevron, Shell and Total all planning further drilling, Rhino Resources currently drilling, while Galp and Pancontinental Energy farm-out their licences each estimated to hold OIP >10b barrels. $CVX $SHEL $TTE $GALP $SEI.V $PCL #OOTT #namibia