My only concern is as others have voiced the fact that in order to retain our interest in TP/15 a well must be drilled by October which is less than 5 months away now
These things take alot of time to prepare
But the one major positive is that we do not need to source an offshore drill rig to drill TP/15 as the company has said on numerous occasions that they are able to somehow drill from onshore using horizontal drilling techniques (similar to the CSG industry Im guessing)
Price has held up well during this financial storm
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- no worries for tp/15 farm-out
no worries for tp/15 farm-out, page-5
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