No way of knowing for sure unless you have copy of the contract.
We know they went for an extension to meet their contractual obligations and they have released notice they are looking for someone to commit to an accelerated 5000 sq km 3d and commitment to drill (released around the beginning of this year from memory or just mentioned in HC).
We could assume the 3d is required but what if that was just a delay tactic to committing to drilling as they still don't have a farm in partner to bankroll the drill?
We may never find out if things just continue on their merry way (hopefully). Just one of things we never find out so can't judge how well management are doing.
Majors looking for ground, page-29
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