the sp will do what it does ST. long term will be very exciting.
2 things that i am considering.
PVD's expenditure on the permit falls to next to nothing as operatorship and expenditures transfers to PXP. PVD now will have about $20m cash. They must now get serious about a 2nd project. I hope they continue being smart/lucky.
They will have 23% of a target which will presumably be the Toubkal prospect that has a best est of 1.168 Billion bbls with 31% COS. I can only dream of what the sp could get to.
Ann: Trading Halt , page-18
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