I think that if venus = 3bb we are looking on staructure
of min. of 8-12bb .... hope tp get 30%+ of cos.
Someone asked so why shell or total didnt take this block before? The low cos before the discoveries - This is the main reason.
He forgot that 4 majors were looking on our data room for farm in process and the jv choose woodside.
Now look what happend after the discoveries:
first weeks before the discoveries tollow oil left pel 90 without nothing.... 8 months later chveron was farm in to the pel 90 block for a lot of cash... why? its the most neerest block to venus.
The number 2 farm in (option deal) on the orenge basin after the discoveries was in pel 87 block...
Someone try to think why we get this deal before pel 83 that more close to shell block and with 3d? or why we get it before 3b/4b block? or before any other block in the orenge basin???
i think that the answer = saturn its something that worth to check on the 3d... if its the real deal? (we dont know yet) its something that the o&g indstury didnt sew years....
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