i wonder what the price would do if there was actually a discovery?? i mean 4Tcf is no small numberand its shallow water and easy to develop.
i'm not sure about markets and prices. i recall talk of an LNG project further down the coast. i think it would have to go into dom gas and pipline into neighbouring countries. can't see it going to china with all the SCS tensions.
i had always planned to sell on spud but with block 120 coming forward and the enourmous potential of block 105, i'm not so sure i can afford to be out now!!
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