The drilling process is fairly slow regarding getting approvals,drill slots and finally the drilling itself but it seems STX have 4 wells in the pipeline between around April this year and Jan next year. Ocean Hill could be another.
That's where real value adding will come from as well as finding a financier for Haber.
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- Ann: Hancock Energy - Eighth Supplementary Bidder's Statement
Ann: Hancock Energy - Eighth Supplementary Bidder's Statement, page-62
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