Based on my gut feel with what still needs to happen i feel we wont be drilling until approx this time next year based on the following estimated timeline...
PPSA within the next 3 months
JV within the next 6 months. I highly doubt this happens shortly after PPSA. PPSA would need JV partner solicitor review, contract then finalised with both parties solicitor review, this will take some time to finalise.
Service provider contracts signed & balance of long lead items ordered. This should happen shortly after JV contracts are unconditional. They take 90 days to mobilise
Rig move & set up.... possibly 6-8 weeks.
They are not going to start drilling the wet season which ends at the end of March so based on the above best case scenario is start of April next year IMO.
Ann: Musuma-1 selected as high-impact exploration well, page-470
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