A subsidiary of Chevron farmed into PEL 82. I'd say that is what's being referred to and is consistent with Chevron targeting Q4 to commence drilling.
The positive is that it will likely commence in a matter of months and is only contracted for 63 days, after which could easily head to the block next door. This is what the vice president of Sintana communicated to me last year as the likely order of things.
Therefore, appears that we have the farm-in and 3D results to look forward to over the coming month or so, followed by permit, environmental clearance, etc Q4, then drill Q1.
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