Not sure that is correct 62Strat.
They will have a parcel size they will want to market to maximise sale price, that was after all at the heart of the diagreement between Nido and the rest of the partners. Probably around 300,000 barrels at a guess but could be more. Even at 15,000 bbls per day that is still 20 days production.
RI has storage for 450,000 bbls (according to the blurb) and I would have thought they would be conservative for the first lifting and aim for something modest like 300,000 bbls. Last thing you want once you are in stable production is to have to shut down because the storage is full and weather prevents offtake.
also worth considering about galoc, page-4
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