chillam - block 105 and 120 are completely independant. in no way related. the whole petroleum system is separate - meaning the type of trap, hydrocarbon, source area. the age and type of rock is all different too! so in my opinion, nothing from 105 can influence the prospectivity and chances of success of the 120 drill.
ppp info would relate to block 120 drilling but we dont have much info on our prospect to see if its targeting a similar thing to ppp. even still, a failure at ppp shouldn't really impact our chance of success. the main thing is whether the region has potential for hydrocarbons. if it were frontier and they failed, it would be a problem, but we already have oil in our block. the chance of success now comes down to each individual target, which i reckon is independant from ppp even though its next door.
NEN Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
