re: Ann: Service Contract 58 - Election to Dr... "If Nido can't close a deal, what do we do then....???? "
You let the licence lapse and move on. Drill the stuff closer to the shore and try to monetise your existing discoveries into production (of which NDO have a share in two) while the oil price is favourable.
Ann: Service Contract 58 - Election to Drill Exte, page-11
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