We just had to retain our interests in DR11 in my opinion. Sure it has drawn a blank at these depths, but as has been mentioned the real riches lie in deeper formations.
The upcoming NWE contingent resource report from the Arrowsmith drill will hopefully point up just what we might have in DR11, and also don't forget a healthy interest (18.5%) in EP455 where AWE have to lay down $7.5m before we have to kick in any contribution.
So all going well DR11 could become a prime candidate for a farm-in in the not too distant future.
The absolute bedrock of us getting the full PB potential is for us to become cash positive and so be in a position of strength for any negotiations.
So our success at AD is very very welcome and I'm really hoping we can kick on from here with our drilling on the south (and east) flanks.
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