Dril Mt Kitty 3 Qtr 3013, Nine months away, and we keep 30% and santos pays for the hole as part of their farmin.
If the well is a success then we will need followup wells and infrastructure. In that part of the world that will no doubt be more than the tanks, accomadation and power it will no doubt include all an weather road and maybe a bridge or two(or more).
Got to be better than we own 100%, and struggle for one hole across our entire acreage and then no money to develop.
Thank goodness for Santos and their deep pockets.
Good Luck all and DYOR
mt kitty helium and madigan conventional oil , page-12
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