Any thoughts on PEL 37?
Reading comments in the recent quarterly report it appears they are seeking a farminee here as well.
"Following the withdrawal of Tullow, Pancontinental, on behalf of the joint venture, made an application for a one year extension of the licence to enable an assessment of the prospectivity of the Block and also to seek a farminee. The Company has not been able to reach agreement with the remaining joint venture partner on a way forward and the application for an extension will not be considered by the Ministry until the partners are in alignment. The Company continues efforts to resolve this matter."
Maybe looking to throw this PEL in the mix with any discussions as well?
Farm out or Take over?, page-17
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