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23 Oct 2019
Sector Note -
Chariot Limited (CHAR:LON), 8.9 | Molecular Energies PLC (MEN:LON), 11.5 | Jersey Oil & Gas PLC (JOG:LON), 154 | Touchstone Exploration Inc (TXP:LON), 44.0
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Sector Note -
Chariot Limited (CHAR:LON), 8.9 | Molecular Energies PLC (MEN:LON), 11.5 | Jersey Oil & Gas PLC (JOG:LON), 154 | Touchstone Exploration Inc (TXP:LON), 44.0
- Published:
23 Oct 2019 -
Author:
Jonathan Wright -
Pages:
44
Namibia revisited. Namibia, once the poster child of frontier exploration, has lost its lustre following the two dry holes in 2018. Investor attention is now dominated by Guyana, which is enjoying an extraordinary run of exploration success, driving sharp outperformance of Guyana-focused exploration names. With the third exploration drilling wave offshore Namibia underway, we take a look at the history of exploration in the country, future expected drilling plans and companies’ relative exposure