Just an extract from Energy News Bulletin from a few years back...imo they have an Elephant in their sights
Purcell said operating in such a low-cost environment meant it could aim higher than what it could if it stayed in locales closer to home.
"Melbana chases elephants for our shareholders," he said. "We like to leverage our good international connections and our strong geoscience capabilities by going into a prolific hydrocarbon zone like the Gulf of Mexico via Cuba, which hasn't had as much investment and capital, we can get exposure to potentially massive plays that would otherwise be difficult for an Australian company of our size."
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