Upcoming JRI-Invictus Webinar Questions, page-628

"The whole reason for this companies existence is the markets desire for a speculative punt or more risk ?"

SM would probably disagree.

Drilling exploration wells in frontier basins is all about risk but it's also all about managing the risk. Running 3D seismic is a way of managing the risk of drilling a well that misses the best developed sand units within the Upper Angwa and ends up intersecting thinly developed sands with poor reservoir quality.

SANTOS - a badly run company. I spent quite a few years consulting to that company and got to saw it from the inside.
Beach - not much different from SANTOS these days. Not surprising as half their staff are disgruntled ex SANTOS people.