The smart money disagrees with you.
Both NZO and CUE are picking up the tab through OG Energy, owned by Monaco-based billionaire Eyal Ofer. Kerry Stokes brought Ofer into the Otway Basin JV with Beach Energy in 2018, who then collectively joined BP drilling the WA Ironbark prospect in 2020. He's been drilling in Australia in 2021 and now with CTP in 2022.
GLTAH
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