Just a ball park number.
I don't think they will side tracking PS2. To risky with the extremely high pressure gas zone.
So a new well needs to be drilled.
And as PS 2 was successful is it not the case that CVN will have to fund the whole 20%, not just the AUD 5.0 million but total amount ie AUD 20 million (approx)?
CEO Newsletter 23 Dec 2016, page-16
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