With Brent oil price above US$60/bbl and stronger balance, we believe it is time to look at the materiality of 3Q19 newsflow for our coverage universe. We highlight three names where the unrisked value of the summer drilling news flow is at least 3.7x the current share price. Valeura will be testing two important wells in Turkey. Achieving a commercial stabilised flow rate at some of the zones would be very important to derisk the company’s tight gas play. Our Unrisked NAV for these assets is c. ....