This is good news guys. Apache is hot on this block, they tried to get it themselves. Apache mgt in the US was very excited about it's potential and given thier experience in the block next door they have the best read on it. Apache's opinion is it is chock full of oil. And this brings it out of the land of "we'll drill it sometime in the second quarter, maybe" to we will drill in May. Very good news. This could be a game changer.
Ann: Rig Contract Signed for Levitt-1 Exploration Well, page-7
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