Wasa:good post. The drill bit will,as always, be the ultimate litmus test. Given the three shell wells,the very high quality seismic, and the fact that the cvn skirit production field's geologists (as operators) have picked the first 3 well sites for jan/feb 2011all point to very significant de-risking!
in nov 2010, hartleys estimated that a successful 3 x drill program will equate to a 25 times(i.e. 25 bagger) re SUR's SP value (based on a 7 cent SP)!!!!!!!!!!!!!!
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