BP is part of the consortium that just announced that it will be investing to increase the production from Angola offshore Block 15.
This Block still has about 10 billion boe of recoverable resources so it could certainly prove stimulative to BP's forward growth.
BP already had strong forward growth prospects before this announcement as the company should boost its production by 33% over the next two years.
The stock may be a bit overvalued relative to forward growth, but it still is a better value than most of the rest of the industry.
The company is generating more than enough free cash to maintain its large dividend.