Anyone have thoughts on COE's application to convert offshore Otway VIC RL11 and RL12 to production leases per page 5 of the quarterly?
Both leases cover part of the Black Watch gas field. I don't recall COE announcing an intention to drill these permits but BPT does intend to drill Black Watch, I believe this quarter, with their lease covering to balance of the field.
Are we going to JV with BPT or would there be other reasons for the conversion?
Might be a nice bit of additional revenue going forward.
Anyone have thoughts on COE's application to convert offshore...
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